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 (8012)	3/4/1998 5:16:00 PM
From: Charles Tutt	Read Replies (1) \| Respond to of 64865

I wonder how bad it will be, and how broad ...

To: uu who wrote (8012)	3/5/1998 2:53:00 PM
From: Byron Xiao	Read Replies (2) \| Respond to of 64865

Addi: I sold all my positions in INTC, CSCO, SUNW, SGI, IOM and half of the DELL shares this morning. Taking some losses in CSCO, big losses in SGI, INTC. But I hate to have to pay so much capital gain tax on DELL and SUNW. I plan to buy back SUNW, INTC, CSCO, MSFT, DELL, LU at a lower price. Right now, my target for SUNW is 37, INTC 65, CSCO 55, MSFT 75, DELL 122.5, LU 92.5. If they get to that level, I will buy and hold onto them for a while. I am also willing to buy some IOM back at about 7. If as you predicted, we haven't seen the bottom yet, then I think those prices could be realized. But I don't understand why you say March - May will be the last tech idiotic selloff before the new century. Didn't we have idiotic selloff twice last year, and several times in 95, 96? Why do you think it won't happen again in the next 1.5 year? And why do you like LSI, AMD? I used to own these two, but lost big money on them. I swore I wasn't going to touch them again.