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

To: Christopher Reed who wrote (16434)	5/14/1999 10:21:00 PM
From: Charles Tutt	Read Replies (1) \| Respond to of 64865

I think "most" overstates it, but "many" would probably be true. Next week is options week, so volatility may be high. I think the big news currently is that Asia is reportedly recovering. As I've expressed here recently, I think interest rates are following oil prices up, but both will turn down again in the not distant future (although not necessarily next week). HWP earnings on Monday may boost or batter techs. I've seen several reports that people expect the summer to be weak, so it probably won't be. This is traditionally Sun's strong quarter, and I have high hopes the tradition will hold. That we've attracted a new bear poster here also seems bullish. Increasingly, the network is the computer. JMHO, of course.

To: Christopher Reed who wrote (16434)	5/16/1999 10:35:00 AM
From: Marvin Mansky	Respond to of 64865

Next week will be very volatile for SUNW. If HWP beats expectations, does this bode well for SUNW? I think in the short term, no. Since they compete so closely in their unix workstations, servers, embedded systems, etc. If HWP doesn't meet expectations on Monday after the close of trading, Tuesday will see a general technology collapse. There is also inflation fear of a Fed rate tightening at the next FOMC, which will cause SUNW to drop early in the week. BOTTOM LINE: This is a great opportunity to jump in and buy more SUNW. I would be looking at 58 to pick up shares this week. If the Feds raise rates, I am looking for a generally greater decline due to bonds getting very cheap and competing with stocks. Longer term, I see SUNW reaching 100 by year's end.