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


To: JDN who wrote (15255)4/7/1999 11:49:00 AM
From: Alok Sinha  Respond to of 64865
 
Although I am no longer holding SUNW (do intend to get in during this bout of profit taking) longer term, fundamentals are as strong as they have been. For investors who entered in the stock above 120, dips are an opportunity to average down. SUNW and a variety of others large cap high tech stocks are way over extended (even based on excellent fundamentals) and a some minor corrections (as a % of the runup) just helps wring some of the froth out (and allow value players like me to take get back in after taking some profits off the table).

Regards

Alok