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


To: Charles Tutt who wrote (53503)3/20/2003 3:41:32 PM
From: MJ  Read Replies (1) | Respond to of 64865
 
Just reading McNealy of SUNW slams analysts. Good for him. When SUNW was at $60.00 plus the analysts rated it a buy. Now as he noted SUNW is being touted as a Sell.

McNealy went on to cite other statistics in the article.

The lesson here is when the analyst say buy at high levels----then remember to say sell and do so.

When analyst say to sell at rock bottom prices======just know that the people who shorted all the way down will be covering their shorts and buying and the people who bought when the analyst said buy at the high levels will be the sellers.

Caveat----not all analyst are the same. When you find a good one, stay with him or her-----particularly if they are willing to admit when they are both right and wrong.

So when will the analyst give their buy recommendation on SUNW-------? When it is back to a higher price?

Just my opinion.

mj



To: Charles Tutt who wrote (53503)3/26/2003 11:03:43 PM
From: techtonicbull  Read Replies (1) | Respond to of 64865
 
Are you still bullish?