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


To: Stephen M. DeMoss who wrote (39041)12/12/2000 11:27:32 AM
From: swisstrader  Read Replies (1) | Respond to of 64865
 
Yup, I've bought so much stuff complements of goofy downgrades (most recently BAC) and made loads...time to buy is when these guys come out in droves to issue downgrades...they simply want your shares on the cheap.



To: Stephen M. DeMoss who wrote (39041)12/12/2000 11:44:19 AM
From: techtonicbull  Read Replies (2) | Respond to of 64865
 
Stephen, this is definitely an ironic twist that the price targets and earnings potential of a great company like SUNW are so strong and BAC is downgading it. How curious. It looks like this pressure is going to persist for the next week or so. I am of the opinion that the "smart money" is buying here.

I like that the stock is mostly positive today while the techs are tanking. People hate to buy when a stock is so right to buy its Criminal, but that's the way market psychology is, isn't it?

Thanks for your good post. I think I will remail long with my large SUNW position, until there is some "real fundamental" change in the company.