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Technology Stocks : All About Sun Microsystems

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To: Senthil Sankarappan who wrote (151)1/15/1997 2:47:00 PM
From: uu   of 64865
 
Senthil:

> I don't expect them to beat expectations over 10%.

I agree 100%. I personally dont think they will beat the expectations.
But if they do, will be great. If not its OK. Sun is in a product transition
mode. They had to cut down on their profit margins because of
compettition and also because of pushing the old stuff out the door.
But I advise strongly (and believe me I almost never do this unless I
feel comfortable deep in my heart with my advise) to buy SUNW if
it goes down.. In the UNLIKELYHOOD event that SUNW
goes down tomorrow dont buy it yet. Give it a day for things to settle
down. So maybe you might want to wait till next Monday. Because if
it goes down tomorrow, it will come back the next day (due to
short covering) till it finds a base starting late Friday. And then on
Monday go ahead and buy as many shares as you can. That
would be the opportunity of a life time.

In the very likelyhood that SUNW goes UP tomorrow, BUY on any
dip during the day. That will also be a great opportunity to buy these
high quality shares. Today, though, I will not buy because the price
movement is based mostly on speculation of the earnings
rather than facts. A good chunk of my cash is sitting in my brokerage
money market account to be exchanged with SUNW either tomorrow
if the earning is great or next Monday if naive investors dump their
shares because of a temporary bump in the earnings.

Anyway, this is just my humble opinion in having a strategy as far as
SUNW shares are concerned. I will be in a conference through end
of this week in Redmond and unfortunately I wont have access to
internet as much as I want to! I tell you not having internet access is
just like not being able to walk!

Regards,

- Addi Jamshidi
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