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To: dennis michael patterson who wrote (30618)9/21/2000 7:40:38 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 42787
 
It is interesting the ramp of yesterday and the announcement of today by INTC.

I bet you there were people knowing what is going on and that is why they ramped up yesterday to be able to sell into strength today........ yes and they punish the little 15 year old and let the real criminals roaming free.

BTW, the FIB day I posted earlier worked. How is Favor and Carpino? ....... and you anticipated a big gap up open today well, better not to read them I assume.

Haim



To: dennis michael patterson who wrote (30618)9/21/2000 7:45:41 PM
From: Ramsey Su  Read Replies (3) | Respond to of 42787
 
Dennis,

I am more a FA based investor vs TA, that is why I don't post here very often.

Just want to mention SUNW from a FA perspective. Of the 30 or so tech stock that I follow closely, SUNW is the #1 most over valued stock. I would be concerned about how it is priced for absolute perfection. If SUNW as much as utter the word "slower" growth, what happened to Intel would be like a minor bump.

I have no position in SUNW and not intend on arguing. Bear in mind that SUNW is growing at a very good clip the last few quarters. Using last qtr as an example, rev was up 42% and net income up 67%. If this trend continues, may be it can justify the 80+ FORWARD PE. However, this is a growth rate that no big cap has been able to sustain indefinitely. So it is just a matter of time.

Ramsey