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

To: QwikSand who wrote (32559)	6/2/2000 7:31:00 AM
From: Steve Lee	Read Replies (1) \| Respond to of 64865

Hi, I see SUNW as being in a downtrend channel with the upper boundary of the channel being current price and the lower boundary being high 60's and dropping about 8 dollars a month. Of course stocks change trends and move out of channels but on any given day, a stock is more likely than not to stay in the channel it has been in for the recent past. That makes a downward move look more likely than an upward one today. Should the stock close up a few dollars on high volume today, that would be a good sign and make SUNW worth buying.