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Technology Stocks : All About Sun Microsystems

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To: tiquer who wrote (497)2/10/1997 11:36:00 PM
From: Benjamin Rashcovsky   of 64865
 
Roger,

I agree. SUNW is fundamentally and technically sound. Uptrending on increasing volume, and faring well considering the poor state of the NasdaQ Comp. I was pleased to see price stay relatively the same today considering other factors. It looks like SUNW may establish a new support level in this range in the days to come and test it's previous high of $35 1/8 very shortly, if not some time in the next couple of days.

Unfortunately, SUNW is closely tied to the Nasdaq and will have some difficulty swimming upstream if things continue as they did today. I am, however, pleased to be holding SUNW in these turbulent times. I don't think we will be dissapointed.

-30-
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