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


To: Charles Tutt who wrote (20027)9/20/1999 9:47:00 PM
From: Stormweaver  Read Replies (1) | Respond to of 64865
 
I have never done well trying to time a down turn in a stock and I'm not going to try it with one of the most hyped NASDAQ stocks.

I would like to mention that PE is 74+ (based on Stockmaster) and the 21-day RSI is around 72. I've noticed that when the 21 day RSI gets in the 70's SUNW tends to have a correction. It may go higher on the split news but it's hard to deny that the valuation is bustin at the seams.

JMHO.