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Technology Stocks : All About Sun Microsystems

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To: JC Jaros who wrote (26798)	1/25/2000 9:16:00 PM
From: Haim R. Branisteanu	of 64865

JCJ, I am more than happy to pay the IRS and wish I would pay every years several $$$ million in taxes <GG> Yes I am a fundamental inclined person but today fundamentals are out of the window,do not tell me that SUNW trades on fundamentas !!! To me a steady stream of income or cashflow 6 to 10 time the price of the stock start to make sense. Any think above 20 times is LALA land. FYI - I worked in financing and M&A of meduim size businesses and I know what prices were paid onle several years ago. Hotels/Office Buildigs were going on 5 times CLEAN cashflow Businesses 6 to 8 times clean cashflow etc. Bubble Manias and Gambling is a complete different story. Well I will rest now best of luck Haim

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