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


To: Sonki who wrote (17717)7/9/1999 9:03:00 PM
From: Eric.sun  Read Replies (2) | Respond to of 64865
 
Well, one more new high here it comes. Congratulations! All longs.
So far SUNW has made new high for last four quarters. It proves to
be a consistent long term winner. And we have every reason to believe
it will continue to do that in the upcoming quarters. For the long
term, it is one of the best investment available in the market. For
the short term though, it might have some profit taking or have
spilled over effect from other stocks. For the near term, I worry
about Intel earnings. Wintel is losing momentum and it might begin
in this quarter. If that happens it will drag down the whole tech
sector for a while until people realize the new center of universe
is our SUNW. Time will reward us long term.



To: Sonki who wrote (17717)7/9/1999 10:13:00 PM
From: Mephisto  Read Replies (2) | Respond to of 64865
 
[ to me this whole market is crazy and toppy but hopefully erning will bring down the pe ]

Market it expensive. The market analyst on Paul Kangas show tonight was negative on market. I'll watch WSWeek tonight. I wonder if the huge GM settlement will have an impact on Monday.

Over the long term, I am positive on market. New US Treasury Secretary was on Paul Kangas show. He believes the US economy is in good shape. We are about the only country in the world that can say that though. He did note that there has been an improvement in Thailand, Korea (south, I presume) and the Philippines.

Hope you have a great weekend,

Mephisto