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Technology Stocks : All About Sun Microsystems
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To: Tecinvestor who wrote (15355)4/13/1999 5:11:00 PM
From: Lynn  Read Replies (3) of 64865
 
That makes four of us so far who view SUNW as going much higher.

One thing to keep in mind is the time of the year: two more days to file tax returns and, if necessary, write Uncle Sam a check. Personally, I think there will be much more security selling to pay any tax owed this year due to the number of people who rolled over their IRA's to a Roth. Assuming someone has held SUNW over a year, it could be a likely sell-only-to-pay-taxes candidate: 20% tax rate on the gain for '99 and good time to lock-in profits if someone sees a short term correction.

Lynn
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