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

To: Steve Lee who wrote (31585)5/6/2000 2:45:00 AM
From: QwikSand  Read Replies (1) | Respond to of 64865
 
...I put this down to a short covering rally...I still reckon we will see 75 this quarter...

That certainly could be, although between March 15th and April 15th SUNW short interest dropped by 4 million shares, a full 25%, down to about a half-day to cover depending on whose numbers you believe.

But I still would appreciate it if you put this expectation in a broader context, Steve. Is it strictly a function of SUNW's chart? Are you expecting NAZ to test April lows (I am)? Do you think stocks like EMC/IBM/HWP/DELL are due for similar drops?

--QS



To: Steve Lee who wrote (31585)5/6/2000 6:45:00 AM
From: JDN  Respond to of 64865
 
Dear Steve Lee: You have been right pretty often but this time around have you considered SUNW will be at a big conference in June and I suspect they will come out with both guns blasting regarding new products and all, including storage comments. We all know they are performing as well as expected or maybe even better currently, and top it off with some big announcements and I dont see this stock dropping this time around as you indicate. JDN


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