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


To: Michael L. Voorhees who wrote (20223)9/24/1999 6:57:00 AM
From: Pamina  Read Replies (1) | Respond to of 64865
 
It is hard to say if Ballmer was calculating enough to try to manipulate either the market as a whole or just MSFT specifically with his remarks - but the real story was the market's reaction to his words. Hello? Someone says stocks are overvalued and now all the fund managers wake up and say, "OMG, our stocks are overvalued - we must sell!" ???

I am only surprised by the depth of the reaction to his comments. Where are the people with conviction? SUNW gave back a little - if it gives back more I will buy more. Any of you chartists out there want to pick the next reasonable support level?

Pamina