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

To: pass pass who wrote (39269)12/15/2000 11:14:25 AM
From: QwikSand  Respond to of 64865
 
it's priced in already.

I'll say; we're down 6% today after an already endless string of horrible days. We're in territory that we haven't been in for 10 years at least. I don't think anybody's predictions are very reliable here.

--QS



To: pass pass who wrote (39269)12/15/2000 11:24:43 AM
From: techtonicbull  Read Replies (1) | Respond to of 64865
 
This is a sign of capitulation to see the Bellweather Techs selling off over the last weeks at such high volume. Here are three things I think will happen:

1) Tax loss selling will be over by 12/29/00
2) Companies will announce share buy back programs at these low levels.
3) Alan Greenspan will lower interest rates by 1/4 to 1/2 point on 12/19/00 or else give indication of such for the next FOMC.
4) Demand for enterprise computing will remain strong


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