All About Sun Microsystems Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : All About Sun Microsystems

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: uu who wrote (15461)	4/15/1999 11:26:00 PM
From: JC Jaros	of 64865

I will however definitely be buying my shares back if (and of course this is a if) the stock comes down to $39-$42/shr (or $78-$84 pre-split. Addi- As memory serves, this is the exactly the same thing you did *last spring (dumped yourself out of SUNW and waited for a low re-entry price that never came). Are you finding 'trading' to be more profitable than 'buying and holding'? I think we're at a completely different place than we have been in the past. I don't think you can apply historical PEs. The gearing up into services and software is at hand, and to a large degree, we've been discovered. The steady double digit growth rate compares increasingly well against other equities chasing investment dollars. I feel that it isn't at all reasonable to expect SUNW's share price to drop to ~$40. It's even less reasonable than expecting it to dip into the ~$20s (pre split) for a buying op, as you did LAST year. IMHO -JCJ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next