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

To: uu who wrote (12360)	12/3/1998 5:34:00 AM
From: JDN	Read Replies (2) \| Respond to of 64865

Dear Addi: Gee, I was starting to like you until you made that ANTI REPUBLICAN remark!! (ggg) JDN

To: uu who wrote (12360)	12/4/1998 5:38:00 AM
From: Byron Xiao	Read Replies (2) \| Respond to of 64865

Addi. Good to see you at this board again. I saw you on the TMCS board as well. anyways, after hiding away in China for about 1 month, I got back Tuesday night and found my SUNW has soared to about 80. I sold 1/3 of my position that day. I am waiting for a re-entry point in the 60's. I am about 35% in cash now. Here is what I hope will happen in the next 2 months: I hope Brazil devalues and or defaults on that nice chunk of change the IMF threw their way. Better still, use the $41 billion to buy every Brazilian babe a new string bikini and a Volkswagen Beetle convertable. Then they can all drive up and down Rio topless (them or the car) laughing at Greenspan and the IMF jerks. The fact that Brazilians are against a tax hike should not be a surprise to anyone. The fact that they told the IMF what they wanted to hear in order to receive the motherload, also should not be a surprise. The fact that the IMF are gullible idiots, should not be a surprise. With no surprises left, only facts remain. Latin America is in the early stages of a major crisis that will hit large US banks the same way that Russia's problems hit German Banks. Venezuela, whose main export is oil is about to see a major recession. Compound this with ludicrous valuations on S&P, absurd valuations on anything .com, the tax loss season and earning warnings season and you've got the recipe for a nice 5 ~ 10% correction in the next few weeks. Then, I hope to get SUNW around 60, CSCO 55-60, INTC 85-90, MSFT 100, DELL 50. Then I will use up all my cash and wait for them to hit all time high in the second part of the year when Greenspan panics again and lower interest rate by 1 full point.