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

To: Dimitry A. Semenov who wrote (5242)	10/30/1997 5:35:00 PM
From: RLM	Respond to of 64865

Sun is moving with the market. You may be right about who is selling out there. I am holding on to SUN, I am in at 38 1/4. I was going to short against the box in the 37 range but could not get through to my broker. YOu have to like the low PE here. Also look at SUNS 36 month chart, slow trend up from 9. I like both SUN and IBM, but world events are driving the market now. And until the storm is over look for wild volatilty. I just need to avoid a margin call. The next support level for sun is 26. I don't like the fact that sun is close to the low it hit when the market tanked of 30. If it breaks 30 look for 26. WHAT A BARGAIN AT 26. I hope it never gets to 26. I think SUN will run up a little tomorrow before falling a point or two in the afternoon sell-off. But then because on Monday or Tuesday you will make 3-4 points.