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

To: uu who wrote (7938)	2/27/1998 2:10:00 PM
From: Kal	Read Replies (1) \| Respond to of 64865

Addi, I have the same sentiments here. I think the market is getting too hot too fast. Nope, it has nothing to do with you becoming a father soon. I remember the same exuberance the same time last year. It might be a cycle!! I think MMs (as in manipulators) are ready to move the market down.. since they make money on movement either way. I'm planning to be 50% to Zere percent invested in a month. It's gettin scary.

To: uu who wrote (7938)	2/27/1998 7:24:00 PM
From: Byron Xiao	Read Replies (1) \| Respond to of 64865

That's a whole bunch of BS, Addi. Last month, I brought up DELL and said I like DELL a lot, probably more than SUNW. I got hammered in this thread. People started asking me to back my statement. Look at it now, I have been right about DELL. I had held on DELL since November 1995. My $18K investment had become $300K. And I still haven't sold it yet, mind you. At the mean time, I had invested $35K in SUNW since April 1996. Now it's about $65K. Not bad. But I had rode this market through lots of ups and downs. I am still accumulating in the company that I like. I buy into Warren Buffet's theory, if the company's fundamental and business strategy are successful, why trade it? Hold onto it for life. The only time that I am not 100% in stocks are when I sell the bad apples in my basket, like the losses I took in SGI, IOM... I turned the money around and buy MSFT, CSCO, INTC, SUNW. The only time I will sell these stocks are when they lose they market leader position. Sure it seems high right now, but if any of you have cash, I advice you buy DELL, ride it to up to 200, 400, 800 ... I bet in couple years, you will look back and say: Boy, the best decision I ever made was buying DELL at 140. No need to buy on dips, cause it might still have a way to go before you see the dips. Addi wrote: Something does not feel right and I can not put my fingers on it but I just do not feel this market should be going up the way it has in the past month or so. I maybe wrong and this may all be the psychological effects of I becoming a father soon and trying to be conservative!! But still besides that I feel the exuberance of this market is a bit strange at this time. If this was toward the end of the year I could perhaps have understood the exuberance a bit better, but right now before the Q1 earnings are out and with so much uncertainty out there while everyone being bullish, it is all a bit scary!