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


To: Labrador who wrote (15379)4/14/1999 2:02:00 PM
From: JDN  Read Replies (1) | Respond to of 64865
 
Dear Lab: Normal pullback after a big run. Relax, I am confident earnings will be fine and so will SUNW. JDN



To: Labrador who wrote (15379)4/14/1999 2:11:00 PM
From: alydar  Respond to of 64865
 
"So any clue as to why SUNW keeps falling. Just a couple weeks ago it was at $140+, now down to post split $63. Are we going to be disappointed with the upcoming earnings release?"

Could be "buy on the rumor sell on the news mentality" (i.e. profit taking) or that there is some P/E adjustment going on with most of the large cap stocks that have seen huge gains over the past six months.

Overtime, the stock price of SUNW will go higher because they are the dot in .com.

Thanks, Bob.



To: Labrador who wrote (15379)4/14/1999 2:38:00 PM
From: Alok Sinha  Read Replies (1) | Respond to of 64865
 
I will go out on the limb and predict that earnings will be in line or slightly ahead, and ooulook will be good. The sell-off is just a normal reaction to the fact that some tech issues were way over-extended relative to their fundamentals. Longer term there are SUN will do well, but there will be stock volatility.

Regards

Alok