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

To: High-Tech East who wrote (40028)1/3/2001 3:24:31 PM
From: cheryl williamson  Read Replies (1) | Respond to of 64865
 
Hi Ken,

You are a true bear. Everyone already knows that there will be earnings warnings. Everyone blames that on interest rates. It's been factored in. Now, the earnings warnings won't surprise anyone, and everyone figures that, with a 50-point cut, things will eventually improve. So, it's time to get in while the gettin's good.



To: High-Tech East who wrote (40028)1/3/2001 4:03:18 PM
From: Charles Tutt  Read Replies (1) | Respond to of 64865
 
I disagree. Guess that's what makes a market. <g>

Lousy earnings are priced in, and part of the earnings warning season (for the worst offenders) is already behind us.

Who wants to get in front of a Fed that's Hell-bent on stimulating the economy? The market will be looking six months forward and liking what it sees.

JMHO.

Charles Tutt (TM)


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