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


To: FNS who wrote (44627)8/28/2001 8:52:33 AM
From: techtonicbull  Read Replies (1) | Respond to of 64865
 
SUNW has always been straight shooters when it comes to press releases. They will be the last company to lie about, or exaggerate the business condition before them. When IT spending picks up, however, you will not know when it started or how far it will go. This up trend will rapidly change the earnings picture for the company. I am hopeful that ther e may be some glimmer of hope in the mid quarterly review. I do not know for sure, however, IMO I can speculate that they are seeing some orders lining up fo rthe future. I will say that I would be the last person to "short" the stock right here and also I am reluctant to sell my large holding right here since I believe that there will be a turn around at least by the end of the year.