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


To: Charles Tutt who wrote (15562)4/19/1999 4:09:00 PM
From: Mephisto  Read Replies (1) | Respond to of 64865
 
Charles, usually U are one of the optimistic folks!! The sell-off sounds like a panic attack that has been exacerbated by group of analysts who want to drive the market down so that their companies can buy back the stock at cheaper prices.

JMHO!

Mephisto



To: Charles Tutt who wrote (15562)4/19/1999 4:15:00 PM
From: JDN  Respond to of 64865
 
Dear Charles: I was happy this morning to buy at 50 1/2--hard to believe its closing lower today. Even more amazing is the incredible drop in EMC with what are expected to be stellar earnings to be reported tomorrow am before the opening. I have to think that ALL tech stocks are now on the Sh--list as sector rotation goes into Oils and Cyclicals. The good news, IMHO, is that particularly in the Cyclicals I dont think that sector rotation will hold for long. Once it rotates back to techs we ought to see a fast recovery. What I dont know is HOW LOW will we go first?? In my case, I just decided, this is the price I think the stock is a bargain at so I bought more, maybe had I waited I would have gotten even a better bargain, but than again, maybe not. JDN



To: Charles Tutt who wrote (15562)4/19/1999 4:19:00 PM
From: Alok Sinha  Read Replies (1) | Respond to of 64865
 
C' mon Charles. Cheer up. If you are getting despondent it must really be the bottom in SUN stock.

How many days has NAS been down 5.5%. SUN didn't fall too hard considering that. You know exactly what will happen in the next couple of days - CNBC will get Abby Cohen on their show, and she will say how bullish she is on tech and NAS will be up 100 points. Doubt we will get to 70 soon, but SUN certainly has more supporting it than most of the Internuts (incl AOL).

Hope this cheered you up. Did seem like a last second spike up, right before close to 50.5.

Regards

Alok