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Technology Stocks : All About Sun Microsystems

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To: Nick Papa who wrote (13872)	1/22/1999 6:10:00 AM
From: Byron Xiao	Read Replies (1) of 64865

Can anyone explain why SUNW would trade at 4X average volume, be down 7% at the close, be down another couple in after-hours trading (according to CNBC) on the day they beat expectations! Seems a bit much, don't you think?!? Because SUNW has run up like crazy since Oct. It beat the estimate by 1 cent, but the real "whisper" number was 69 cents. At 96, it's still expensive, it's still risen about 150% since Oct.

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