Hey guys,
I sold my shares of Sun Microsystems (SUNW) today.....they've been getting their arse handed to them by IBM and HP and their quarterly report was not impressive at all. I sold out and made a $40 profit
, so I'm not losing any money here.
Share prices have risen rapidly in the last few weeks, but some "experts" think that it is going to take a while before Sun can once again compete with its rivals.
I also own Lucent Tech (LU) and my shares are up 108.90%
....so obviously I'm doing very good with them.
My question is:
Should I put my eggs in one basket (Lucent) and watch it grow (hopefully) since they have gotten many positive reviews and new contracts or should I hold on to my money and buy SUNW again when and if share prices go down or should I re-buy the stock now?
These news just came out as I was typing this.
What do you think?
THANKS A LOT!!!
Rick
I sold my shares of Sun Microsystems (SUNW) today.....they've been getting their arse handed to them by IBM and HP and their quarterly report was not impressive at all. I sold out and made a $40 profit
Share prices have risen rapidly in the last few weeks, but some "experts" think that it is going to take a while before Sun can once again compete with its rivals.
I also own Lucent Tech (LU) and my shares are up 108.90%
My question is:
Should I put my eggs in one basket (Lucent) and watch it grow (hopefully) since they have gotten many positive reviews and new contracts or should I hold on to my money and buy SUNW again when and if share prices go down or should I re-buy the stock now?
These news just came out as I was typing this.
What do you think?
THANKS A LOT!!!
Rick