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

To: Jacob S. Rosenberg who wrote (17587)	7/3/1999 4:18:00 PM
From: Haim R. Branisteanu	Respond to of 64865

Jacob, will SUNW surpass $80 I can guaranty it the question is wen <G> We are now in a blow off top rally in the stock market mania exceeding even Perma-Bull Abbey Cohen expectations <G> Fundamentally nothing has changed with SUNW as most Tech stocks, it is highly overvalued, well not like CSCO or LU, but still. From a fundamental basis there is some reasoning for you. In April with bond yields at 5.5% SUNW hit briefly the $70 to $72 range, now with the bond apx. 15% lower SUNW is around $70 again. On a relative basis you can say SUNW hit $77-$80 <GG> SUNW will follow the blow off top as any other tech stock. All other "technical discussion about SUNW" are meaningless to SUNW stock prices as related to inflation or the long bond. SUNW is just another box maker technically much more superior to DELL or GTW, but similar to IBM, HWP, SGI, CPQ - alpha and others etc. Best of luck. BWDIK Haim BTW have you visited my Chicken page? Any comments?