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


To: Mike Milde who wrote (22731)11/10/1999 8:18:00 PM
From: jim kelley  Read Replies (1) | Respond to of 64865
 
A more likely interpretation is that the stock price is a result of hype and momentum investment. The price of the stock does not currently appear to be connected to the fundamentals.

Momentum investors will stay with the stock until the upward trend breaks, then they get out quickly.

It will be interesting to see what happens to the stock price after the split. Last time it split it took a dump.

:)