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


To: Sueponine who wrote (30662)4/13/2000 6:34:00 PM
From: Frank Ellis Morris  Read Replies (1) | Respond to of 64865
 
Sueponine, I think that investors have reversed their frame of thinking
to the point that now they want out at any price. Until recently they
were buying at any price. It is absolutely amazing the power that
analysts have to manipulate the markets. I fear that Allen Redspan
may be our worse predator. he says that he is not trying to hurt the
market. yea right and Janet Reno is not trying to hurt Microsoft. At least
she will be careful not to pull off any wacko's in Florida this time
around. Sun Microsystems earnings reported after the bell was terrific
no matter how you look at it but tomorrow the friggin fear that has now
paralyzed investors may continue fleeing in spite of the great news from
Sunw. I think that we felt that the market would spring back and with
the strong performance of the Nasdaq last Friday it did not appear that
we would be suffering another debacle so soon. Now I think that too
much damage has already been done to jump ship now. Remaining with
the good tech investments and riding out this cruel time is maybe the best
thing to do. Oh shit I just heard that People now have decided not to
make any more phone calls with their wireless phones, that the internet
is dead, the computer is also dead. The shift is going back to the time of
Rudy Valley when the use of Megaphones was fashionable. Oh well I
think I will take my chances and stay the course that so many are now
abandoning

Frank



To: Sueponine who wrote (30662)4/13/2000 7:42:00 PM
From: Mephisto  Respond to of 64865
 
A broker told me that he thinks we've reached a double bottom, but I don't know what that means. Also, he said the markets may go sideways for awhile.

If you or anyone else can interpret this information, I'd be grateful.

Regards,

Mephisto