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

To: Yaacov who wrote (39919)	12/31/2000 11:09:29 AM
From: techtonicbull	Respond to of 64865

Bullish Plays ============= Sun Microsystems SUNW $27.88 (-4.00 this week) It wasn't a great week for SUNW, but it may have weathered the storm. SUNW slowly drifted lower, as did most big-cap tech stocks this week. The news and volume were both light as trading interest waned ahead of the New Year's holiday. SUNW endured sub-par ADV all week long. The question now is whether or not the bears are gone and the bulls are ready to run in 2001. If so, SUNW is in a good position to rise from these levels. We mentioned the strong support between $27-28. This should hold as we move into next week and the trading volume picks up again. 50 million plus ADV on average should do it. The news was quiet on Friday, but Tech Hardware stocks were weak on the session. So we will have to wait and see what the momentum looks like when traders return to work. Our indicators still suggest that the next move will be to the upside. Picked on December 26th at $30.31 Gain Since Picked (2.44) Earnings Date 01/17 (Not Confirmed) members.netbulls.com To view this email newsletter in HTML format with imbedded charts and graphs, click here: members.netbulls.com