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Technology Stocks : All About Sun Microsystems
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To: Charles Tutt who wrote (16566)5/22/1999 3:19:00 PM
From: Marvin Mansky  Read Replies (1) of 64865
 
SUNW lost 4 7/16 this week on relatively moderate volume despite some good research house "buy" recommendations. So, what does this mean? I believe SUNW will trade down Monday and the "smart money" is waiting to pounce on SUNW. I will look to pick up some bargain basement prices at around $55 to $58 myself. I Look for a tech rebound due to release of IPO "IXL, Inc." on Tuesday creating some renewed net stock awareness and upward momentum.
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