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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (16889)6/6/1999 10:31:00 PM
From: Marvin Mansky  Respond to of 64865
 
This is a good time to pick up SUNW (58.5). You are correct in your analysis that cooperation with Lucent will be a positive for the stock. I see SUNW stock price moving next week. I see near term resistance at 66 to 68 based on my technical analysis of the movement of the stock in the last few months. There could be a greater upside potential, however, to the stock price elevating it above 70 if the Lucent news is amplified to indicate a closer relationship with SUNW.

SUNW is on the cusp of being considered a "franchise" name like HWP and IBM. A close relationship with LU would be very meaningful.