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

To: JC Jaros who wrote (11266)10/13/1998 3:16:00 PM
From: QwikSand  Read Replies (1) | Respond to of 64865
 
Charles: there's no runup because the market's in the tank.

JC: I believe you're making an understatement. I think at this point the market will react violently to any hint of negative forward guidance or mediocre earnings, and mildly to positive forward guidance and positive earnings that are less than a spectacular blowout (and Sun doesn't do those). It has already happened this week with other companies that have dropped after announcing record results that handily beat consensus but with caution going forward.

Too bad. This is just a bad time.

Regards,
--QwikSand



To: JC Jaros who wrote (11266)10/13/1998 8:16:00 PM
From: Paul A  Respond to of 64865
 
for what its worth, someone was picking us up big time again today.. Whenever size would build up on the ask they would match it within 10 seconds. Not sure who it was, but I saw it about 5 or so times between 1-2pm.

This kept us up while everything else was falling. Finally, the buying at the end of the day was met with little resistance.


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