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


To: JDN who wrote (32653)6/5/2000 12:38:00 PM
From: High-Tech East  Read Replies (1) | Respond to of 64865
 
JDN, wow, have I changed my mind in the short term ... on May 21, I had 2,000 shares of ABMD and cash ... and nothing else ...

... I now have 2,000 shares of SUNW (avg cost of 83 5/8) and 3,000 of Abiomed and over 50% invested for the first time since late January ...

... from January 1 when I first sold my SUNW at 85, then traded it several times to an average overall selling price of 104, this is the first time I am starting to be convinced that the downside risk in the market has been significantly reduced ... and I am bullish again ... especially on SUNW ...

... you may remember that I subscribe to a service from technical analyst John Murphy ... on May 27, he changed from strongly bearish technically (as he had been since January 30) to hopeful and then pretty bullish (at least for the next two months) ... he was almost apologetic this past Saturday for not seeing this coming ...

... thanks for your help also JDN ... I am optimistic again.

Ken Wilson