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Technology Stocks : All About Sun Microsystems
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To: Walter in HK who wrote (16445)5/17/1999 8:47:00 PM
From: Investor2   of 64865
 
I think your logic is fine. However, you should probably concentrate on varying the discount rate instead of the growth rate. Check a few scenarios out between 4.7 and 8.1%. We've seen that range over the past five years, so it seems quite likely that we could see at least that range over the next 20 years.

Best wishes,

I2
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