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


To: Jacob S. Rosenberg who wrote (23391)11/25/1999 2:38:00 PM
From: Charles Tutt  Read Replies (2) | Respond to of 64865
 
I'm not sure of the definition of "climax blowoff," nor how one would recognize such a thing, but I thought they were usually accompanied by high volume (which was not the case Wednesday).

JMHO.



To: Jacob S. Rosenberg who wrote (23391)11/26/1999 1:36:00 PM
From: JDN  Respond to of 64865
 
Dear jacob: I am not a good person to ask about price targets. I invest in companies and management more so then stock price. So long as they are doing what I agree with and moving forward I stick with them. I let the price take care of itself as I believe it is more a function of the inticracies of the market when looking at the big picture on a short to intermediate term basis. Right now I believe the heaviest volume in HISTORY is currently being plowed into Mutual funds and they in turn are plowing into Tech stocks. Thus, we are most likely currently overperforming price wise. Would not surprise me to see a slowing or even a pull back in much of the techs once the Mutual Fund inflow slows probably in January. However it will pick up again later in the year and those companies who deserve it will get their prices so reflected. I happen to feel that SUNW is one of those companies and that their future will continue to be very rosy for at least the next several years. JDN