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


To: JDN who wrote (28660)3/9/2000 2:29:00 PM
From: QwikSand  Respond to of 64865
 
JD: Sun isn't dropping. It has been in a congestion or consolidation pattern since early in February. It does this a lot, last time it did it in the 70's from the first week in December till the last week in January, before stepping up to the 90's, where it's now stuck. It has looked weak the last couple of days, but has looked pretty strong during the previous couple of strong downdrafts.

I don't see anything out of the ordinary. It all looks like SOP for SUNW.

--QS

Edit: Take a close look for those same periods at CSCO's chart. Except for today, the two look very similar.



To: JDN who wrote (28660)3/9/2000 4:20:00 PM
From: Lynn  Read Replies (3) | Respond to of 64865
 
Dear JDN: Since your complaint, SUNW has move back to the positive side. For what it's worth, I agree with Qwik's reply. As a long term shareholder of CSCO, it, too, sits, sits, sits then BAM, moves, moves, moves. I'm not concerned, actually think SUNW's building a solid base in the high 90s is very, very healthy before we start moving past 100.

Quite frankly, I'm a lot more comfortable with SUNW's performance recently than another stock I hold, NTAP. Even today, it makes CSCO's appreciation look like no big deal. Big price movements without _any_ news to account for it and _no_ new brokerage recommendations make me very uncomfortable, even if I am making money (on paper).

Hey, you should be making reservations to go out for dinner and celebrate. McCain and Bradley both announced they are getting out of the race:

McCain, Bradley End Presidential Bids

Latest Developments

Bradley Endorses Gore, McCain
Quits Race
(Reuters) - The two presidential
insurgents, Democrat Bill Bradley and
Republican John McCain, both gave up
the struggle on Thursday, with Bradley endorsing Vice
President Al Gore but McCain declining to do the same
for Texas Gov. George W. Bush . More...

fullcoverage.yahoo.com

Regards,

Lynn

P.S. There are a lot of rumors flying around at RB, Yahoo! and here today (less here) that CSCO is going to take PG's place in the DOW.