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 (5603)	11/14/1997 8:17:00 AM
From: bob	Read Replies (3) \| Respond to of 64865

Addi, The only idiocy I read is coming from those who proclaim a new and protracted Bear market is at hand! Now THAT is idiotic! As long as inflation remains in check and interest rates remain low, there is no place else for investors to put their money. This recent sell off in the market is not fueled by fear, but by GREED and a carefully planned media campaign to get people to sell their stocks so specialists, money managers, banks, and other institutions can load up on these stocks at bargain basement prices IMO. You will see bottoms in many stocks when suddenly the volume dramatically increases with little movement price wise in the stock. Some entity is sitting on the bid gladly buying stock being dumped by investors like The Bearded One! As long as this occurs there is little reason for the price of the stock to rise and may even fall further as the bid is lowered. At some point there will be a market turn-around and the gains realized by some will be tremendous. It looks as though Sun's stock price may fall a bit further before bottoming out, but buying anywhere near these levels is a great bargain! Many stocks have lost 20, 30, even 50% of their value over the last month or so. Why??? NOTHING has changed fundamentally either with these companies or with the economy. Just media hype that the sky is falling in SE Asia!!! Addi, I agree with you when you say the bull market has not even begun. Remember, one man's GREED creates another man's FEAR!!! JMHO Bob