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


To: luther yow who wrote (31768)5/10/2000 6:27:00 PM
From: Steve Lee  Read Replies (1) | Respond to of 64865
 
If 70 is tested and holds on Friday, then I may well buy in.
If 66 breaks, then you could see mid 40's next week. Although Techtonic's statement about the likely price of SUNW in November is probably true, this is the kind of scenario that could wipe out somebody invested in SUNW on borrowed money.

I should add that I am not expecting to see SUNW in the mid 40's but it would not be more than a mild surprise given the level of institutional unloading we are seeing across the board right now.