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


To: Alok Sinha who wrote (18563)8/10/1999 12:31:00 PM
From: Eric.sun  Respond to of 64865
 
Yeah, USWB is really sick. I think it has negative press
coverage as well. I have bailed out several days ago. In
this market, a lot of strong stocks like SUNW or CSCO are
on sale, suckers like USWB will get the least attention.
I am going out to buy Aug SUN 65 and CSCO 55 calls, I know
it is a little bit danger. But I can't help myself. Let's
fight back.

Regard,

eric



To: Alok Sinha who wrote (18563)8/10/1999 1:06:00 PM
From: QwikSand  Read Replies (2) | Respond to of 64865
 
SUNW is doing its usual high-beta number, that's to be expected. It's got nothing to do with Ebay, and I haven't even seen anybody say this outage was a Sun problem (I have seen them say it's a Cisco problem).

But I wonder if this isn't a full-fledged crash revving up here (not of SUNW, but of the market). I'm not selling, but a lot of other people sure are. I haven't seen the market grind down day after day like this for a long time, and it was grinding down really even when the DOW was appearing to go up for many days in a row, given that we've had record divergence between DOW and A/D lines.

This looks like a bummer. Those goddam BEARX people are rolling in the aisles.

--QS