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


To: Charles Tutt who wrote (47396)2/14/2002 6:03:52 PM
From: craig crawford  Read Replies (1) | Respond to of 64865
 
sun has been down several times in the last week when the market averages were in the green. just because the nasdaq turned south toward the end of the day doesn't negate my point. sunw was down when the market was up. when the market was down sunw was down big.

sunw is seriously underperforming the broader markets and the nasdaq. one factor that doesn't help matters is that the ceo dumped a million shares at depressed prices.

like i said, if it means nothing imagine how much better sunw would be doing if he had the confidence to buy some shares instead of dumping. tyco stepped up. it stopped going down. dell has stepped up on more than one occasion. dell has been an outperformer. aol stopped going down and had a nice pop after case bought a million shares. brocade ceo sold a million shares and it's down big today.

the arguments about diversification and all that worked well in a bull market. with stocks like sunw down 80-90% and officers still unloading (it was more than just mcnealy) investors are placing much more relevance on insider selling.



To: Charles Tutt who wrote (47396)2/15/2002 6:30:52 AM
From: JDN  Read Replies (3) | Respond to of 64865
 
Dear Charles: Yep, it isnt just SUNW, many are getting hit. Frankly, I for one have lost my zeal in this market. Its just so discouraging to see what many agree are great companies getting battered around so. I know part of it is the economy but I think the greater part is that I am NOT ALONE, many probably feel as I do right now. ENRON and GX certainly didnt help matters. Public confidence in the market appears to have waned and I hope someone does something about it. Damn media hypes everything bad out of proportion and glosses over the good. jdn