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


To: cfimx who wrote (24064)12/6/1999 9:44:00 AM
From: JDN  Read Replies (2) | Respond to of 64865
 
Dear Twister: Are you reading the posts they refer too? Or is it your MSFT browser?? JDN



To: cfimx who wrote (24064)12/6/1999 12:02:00 PM
From: jim kelley  Read Replies (5) | Respond to of 64865
 
Re: SUNW Stock Split and correction

Last time SUNW split it fell from 72 to 48 in 6 days.
That is a loss of 33% in value in 6 days.
This was probably due to the "split momentum" traders.
Sortly before and after the split they get out and move on to the next split play.

If the same scenario were to play out this time SUNW stock would fall to $95 pre-split. That is a whopping loss from the high!

After the last split, SUNW stock fell below its 50 day moving average. At this time the downside risk is far greater than the upside potential gain of the stock. I think this will drive serious profit taking in this stock over the next few weeks.

JK



To: cfimx who wrote (24064)12/6/1999 2:15:00 PM
From: marvin litman  Read Replies (2) | Respond to of 64865
 
On the almost eve of my second SUN split there are two
people I would like to thank.
The first is ADDI (where ever you may be) who impressed
me so much about his knowledge of SUN that I bought.
The second is TWISTER. I have always felt (and TWIS knows
it) that he is the best good luck charm that SUNW has.
SO.....TO THE BOTH OF YOU I RAISE MY GLASS AND WISH YOU BOTH
WELL.

MARVIN