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

To: QwikSand who wrote (26066)	1/10/2000 10:44:00 PM
From: High-Tech East	Read Replies (2) \| Respond to of 64865

QwikSand ... (1) I may be completely wrong, but I am telling you that I acted on my own analysis. (2) If you look at SUNW's after-hours trades today, I think you will find some big institutional trades that might support your position that SUNW will not correct significantly. ... all I am saying is that personally, I do not 'buy' the story, in the short term (maybe medium term), that SUN will not correct significantly. nasdaq.com (3) I agree with you, that the Fed will probably not try to make big 'trouble' and that the election year will keep them from being 'too aggressive.' (4) And I also agree that if I were in your shoes (in a taxable account, that is), I would have probably not sold-bought-sold as I did in the last week. (5) But part of what I am saying is that it will not take too much in the way of action or words (by the Fed) to really cause the tech stocks to correct big-time (whatever that is). Maybe not the entire market, but those tech stocks like SUNW that have traveled the furthest, the fastest. (6) Lastly, if I believed in SUNW as much as I do, and I was in a taxable account, I probably would hold on come 'hell or high water.' But I would be preparing myself for the mental agony of watching such possible reversal so I might possibly resist selling while it is down - in a moment of panic. Ken Wilson