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


To: Charles Tutt who wrote (12272)12/1/1998 11:12:00 PM
From: Sonki  Respond to of 64865
 
charles, i suspect we will see sunw mid 40s soon,
..................... after the split?
does anyone have an analyst report, I read some target price on sunw today...
i was told by broker first thing in the morning he saw 36 large blocks and in mind morning it was up to 42 blocks. this is not your ma & pa day trader buying 1k shares. so it's the smart money or the big mony
chasing this stock.



To: Charles Tutt who wrote (12272)12/2/1998 2:18:00 AM
From: Fortinwit  Read Replies (1) | Respond to of 64865
 
Charles, does anyone care to expound on the potential downside when the next market selloff occurs?
The run to 80 was pretty steep from October on... the chart is pure runup. Last base was July-August in the 46-49 range... in a good pullback, I see support there. If the techs get hit again, SUNW will get hit disproportionally hard, and I think the trading on Monday bears witness to that.

BWDIK,
F.