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

To: Alok Sinha who wrote (17456)	6/29/1999 9:16:00 PM
From: Marvin Mansky	Read Replies (1) \| Respond to of 64865

Alok Let me explain my position. I have sold a big chunk of SUNW on June 21st at 68. I am still long quite a bit of SUNW. I am looking for a jump up in the tech's and, like Haim has said, I believe reality will set it. Namely, higher interest rates are BAD FOR STOCKS. "Built in" Schmilt in", I don't believe people in equities will like what Uncle Al will do. I will buy back into SUNW at 58 or so, if indeed it drops. It may not. Who really knows? I don't for sure. If SUNW goes "north" above 68, so be it. I am still where I want to be since I own a good deal of it. I hope this clarifies my position.