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


To: George Sepetjian who wrote (8197)3/10/1998 8:53:00 AM
From: Ben Antanaitis  Respond to of 64865
 
All,

Is there anyone out there who has followed this thread for more than six months who is at all surprised by the 'yo-yo' effect we are about to see??

'Yo-yo', the sell-side brokers downgrade and badmouth SUNW till they shake out the 'weak hands' and then they, the brokers, rush to see who can yell 'BUY! Upgrade!' so they can sell the shares they bought cheap at a nice premium. 'Yo-yo' the consumer who routinely follows the broker recommendations and sells low then buys higher....

So we get another ride up to 48-53 before they downgrade, on valuation, back down to 40, then up to 55-57, back down to 42, .....

Ben A.