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

To: djane who wrote (14213)	2/7/1999 2:26:00 AM
From: Rusty Johnson	Respond to of 64865

From Briefing.com ... Box-builders also took a hit, though this was more emotional in nature... Traders simply taking profits off the table amid concern that long-awaited correction is finally here... Given that IBM (IBM 169 9/16 - 5 11/16), Dell (DELL 102 3/8 -5 1/2) and Sun Microsystems (SUNW 103 3/8 -7 1/8) are trading well above their 200-day moving averages, as long as market tone is soft these stocks likely to spend more time backing and filling... But truth be told, cheap component prices are good for the box-makers... So expect these stocks to exhibit decent relative strength on the way down, and to be among the first stocks to snap back.