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


To: Dale J. who wrote (12783)12/18/1998 6:25:00 PM
From: Byron Xiao  Read Replies (3) | Respond to of 64865
 
Dale.

I remembered a while back ago when SUNW shoot passed the long term 52 wk high of 53 to settled at 58, our TA of the board Christopher predicted that base on TA, SUNW would go up to 63 within a week. SUNW got up to 65 in that week. Then when SUNW got up to $72, Christopher predicted that the current SUNW run should take it all the way to $85 at the least. Well, what do I know, I didn't believe him and sold half of my shares at 76. Seems like Christopher is going to be right pretty soon. Guess what, I ain't gonna sell at 85 now. I am holding this baby until it hits 100 at the least. Good luck to you if you are still shorting this baby. Your pain is my gain, so I guess I shouldn't say good luck to you. But have a nice Christmas tough, as least your long position in MSFT is doing extremely well though. I owned both MSFT and SUNW. I like both companies and I kind of agree with Jean. I think they can co-exist and prosper in this market.