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

To: t2 who wrote (36684)	10/17/2000 11:38:48 PM
From: Jon Khymn	Read Replies (1) \| Respond to of 64865

INTC had a great report card, "third-quarter profits that rose 52 percent -- topping diminished expectations -- and forecast that sales in the fourth quarter will rise from the third-quarter's $8.73 billion. But even with this report card, INTC is not jumping... If SUNW just meets the estimate, SUNW will sink below 90. (40% chance) If it beats the street by a penny or two, I think SUNW will still go down. (50% chance) That's how the market is reacting these days. God forbids SUNW to miss the call... I doubt it will happen but if it does, then get ready for 50% hair cut (5% chance) And I doubt if SUNW can paint a rosy picture for the next few quarters... Economy slow down is inevitable. Bought some puts today.