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


To: techtonicbull who wrote (46964)1/22/2002 1:38:30 PM
From: Charles Tutt  Read Replies (3) | Respond to of 64865
 
I don't know any more than you do. Some thoughts:

First day of availability of new options. Perhaps put volume is high -- I haven't checked.

Techs in general are down, and SUNW has a high beta.

Hot money chasing AMZN.

I think there's a negative article(s) in the WSJ. And Barron's ran an alleged "Tech Update Issue" +/- this week with no mention of Sun.

Disappearance of folks who bought for an earnings play.

Caught in a momentum spiral, reinforced by believers in technical analysis -- e.g. belief that support is about to break stimulates sales, thus becoming a self-fulfilling prophecy.

I'm not aware of any news.

JMHO.

Charles Tutt (TM)