Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: uu who wrote (5266)	10/31/1997 3:08:00 AM
From: bob	Read Replies (2) \| Respond to of 64865

Addi, The increase in short interest is very bullish for Sunw IMO. At the bottom of this slide you should begin to see large blocks of buys noting accumulation by specialists to increase their inventories so as to have alot of stock for sale at higher prices. This is how they make money, and that is the name of the game. There is no logical reason why Sun's stock is so cheap with one exception. Specialists see a very BRIGHT future for Sun, thus through FEAR they get people to sell by lowering the price of the stock illogically (shorting is one way to do this, also negative press is another and taking advantage of UNRELATED world events!). When they get enough inventory, you will magically see good news come out, analysts giving strong buy recommendations, etc. and the stock will then rise. The shorts will have to cover at some point which will make the stock rise even faster, which creates more buying. This is how specialists (market makers) actually make a "market" in a stock. Sunw looks like one of the best buys in the market right now. If they can figure out a way to make money from java, watch out, the sky's the limit! JMHO Bob