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


To: sea_biscuit who wrote (45100)9/8/2001 6:39:27 PM
From: QwikSand  Read Replies (1) | Respond to of 64865
 
So, unless we get a couple of 1000-plus declines in the Dow and a couple of 250-plus falls in the Nasdaq between now and end of October, I think the bear has a lot of work to do next year.

Yes. The level of denial and blindness that persists stuns me every day. Charles Tutt's throwing in the towel is no sign of a bottom. It merely demonstrates that he's one of the more intelligent of the constitutionally optimistic among us. We'd all like to be optimistic.

If we're lucky this will work itself through by the end of 2002, but I personally doubt it; the increasingly pathetic O'neill jawboning transparently belies a growing sense of desperation in Washington DC.

The question of whether Sun's management can quickly derive some substantial benefit from the collapse of HWP and CPQ is critical IMHO. If they don't, I worry. IBM is a pretty much guaranteed survivor. Sun is not.

--QS