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


To: Sam Asava who wrote (13827)1/21/1999 6:29:00 PM
From: uu  Read Replies (4) | Respond to of 64865
 
Sam:

> Why is stock donw at $97 after close?

That is what happens everytime Sun runs up so much prior to its earnings (and especially when it declares a 2-1 split). Like I said before if you are a short term trader you might want to take your profits and run. The stock, IMHO, will come down to the low to mid $80's (and perhaps even mid to high $70's). But if you are a long term holder (like me) just sit back and buy as many shares as SUNW as you can when it comes down to the low to mid $80's. Next year (if not much much sooner) you will have an even bigger smile on your face than you have now (assuming you - like me - have been investing in SUNW for the past 4-5 years or so).

Regards,

Addi Jamshidi