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

To: JDN who wrote (14970)	3/27/1999 12:15:00 PM
From: Dale J.	Read Replies (1) \| Respond to of 64865

JDN, No problem. I like to have fun too. One can't let market volatility get to you, otherwise we would all end up with frayed nerves and bleeding ulcers. <g> Your EMC has been on fire for quite awhile, and SUNW is no slouch either. MSFT has been great for me. I think we got spoiled about the market. We want profits and we want them now. <G> Dale

To: JDN who wrote (14970)	3/27/1999 12:26:00 PM
From: Mephisto	Respond to of 64865

"Concern about tech earnings got a bit overblown" as the Nasdaq composite index slumped as much as 10 percent from its record in early February, said Guy Truicko, a money manager at Unity Management, which oversees $1 billion in Lake Success, N.Y. "The old leadership is starting to regain some steam." *************************************************************** "The Oracle Corporation and other software companies limited the decline, gaining on speculation that investors had overreacted to concern about slowing sales of personal computers." *********************************************************** "The overall earnings picture is brighter than it has been in several quarters. The First Call Corporation said analysts it surveyed expect first-quarter operating profits for companies in the S&P 500 to rise 6.4 percent, their biggest gain since the last three months of 1997." [Above excerpts from The New York Times, Saturday, March 27, 1999, PB4] And The Times also mentioned Barton Brigg's negative market opinion as someone pointed out in another post. But analysts feel that the Fed is unlikely to raise interest rates because of problems in Japan, Brazil and higher-interest rates have slowed home buyers.