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

To: uu who wrote (7846)	2/20/1998 1:36:00 PM
From: jeff armstrong	Respond to of 64865

Addi, I think your decision shows great wisdom and good business acumen. If the market continued on its current pace it would be at 11,000 or so at the end of the year. Possible, but smart money says not probable. If SUNW continued at it's current pace since Jan. 1, 1998, it would be at 80 or 90 by the end of the year. Possible, but smart money says not probable. Furthermore, history and experience let us realize that the stock price and time relationship is not linear, it has ups and downs. It's crystal clear how you feel about the future prospects of this stock due to your postings here and your continued position in SUNW. But the investment savvy you are demonstrating should be clear to even Twister (that may be a leap of faith). You are taking advantage of an expected stock selloff, not just in SUNW but in the NASDAQ and all high tech arena. Heck, selling 1000 shares (or so) at 47 (or so) and buying back at 42 (or so) is saving $5000. This resembles the decision of business savvy/wisdom and not Religious technological fanaticism. Thanks for the posts! Jeff

To: uu who wrote (7846)	2/20/1998 7:14:00 PM
From: Iraj Masarati	Read Replies (1) \| Respond to of 64865

Hi Addi, I was quite surprise to see you cut your SUNW holding in half, although, I agree with your philosophy 100%. I actually got out of SUNW at 43.5 just before the earning announcement, with a fear of SUNW missing its earning. Once again prove to myself that my timing is wrong! However, now due to the market perception on SUNW future business and CPQ and DEC merger and a possible market pull back, I don't want to be in a long position and prefer day trading. I still have my position an ASND and I think if they don't pull back next week; I will buy more in hope of visiting 40's soon. BTW, What is your opinion on COMS now? Best regards, Iraj