Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: techtonicbull who wrote (44754)	8/30/2001 10:35:17 AM
From: Steve Lee	Read Replies (1) \| Respond to of 64865

I agree that it's as irrational on the downside as it is on the upside. I believe SUNW is still above fair value with profits of, what, nothing and tens of Billion in market cap. So where would such an irrational downside take it? This is NOT capitulation. As I said yesterday, the worst is yet to come.

To: techtonicbull who wrote (44754)	8/30/2001 12:39:52 PM
From: Charles Tutt	Read Replies (2) \| Respond to of 64865

I think we may have a problem with the October mutual fund flush and December tax-loss selling. So I doubt it's over. However, when things turn around (and they will, eventually) I expect SUNW to be a leader. Also, should signs of a turnaround come before the end of the year (increasingly unlikely, unless Dubya comes in off the ranch and actually does something), we could get an explosive rally. JMHO, and not investment advice. Charles Tutt (TM)