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To: Softechie who wrote (46890)	2/7/2001 12:31:15 PM
From: moufassa7	Respond to of 57584

Nasty dip in last 1/2 hour. When NAZ broke morning low a lot of people bailed out. Stopped out of SCMR for 1/2 point loss.

To: Softechie who wrote (46890)	2/7/2001 5:16:23 PM
From: American Spirit	Respond to of 57584

www2.marketwatch.com SUNW insists on continued 20-35% growth, so that's hardly good evidence to short it just above its 52-week low after it's fallen 65%. If it were to fall to 20 it would have a PE of around 30. That would qualify it as one of the best bargains in the market. So unless there's a tech stock meltdown, the Fed fails to act or you're talking December tax-loss season I fail to see why SUNW would continue to be sold from these levels. I know it's tough to defend SUNW on a day like today but it's important to realize when enough is enough. Let me put it this way, I would be shocked and would definitely double up if SUNW fell below 25. Unless thre's some surprise bad news coming or a tech market crash just ain't likely. Today was about as favorable a climate to short techs as you will find. And this after last Friday. Seems to me there has been some pretty serious capitulation in CSCO, SUNW and ADBE for that matter. Juniper I don't follow. Damn though, should have held onto my IBM. That was my favorite buy at 85 and 91.