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Technology Stocks : All About Sun Microsystems

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To: JDN who wrote (35687)9/22/2000 10:03:49 AM
From: Jean M. Gauthier   of 64865
 
Hi JDN

I was a big intel investor as well, but got out earlier this year as I thought the PC business was good but not spectacular.

I never thought I would lose $ 100,00 in 1 day based on Intel 'Collateral damage"

Sigh...

How many Intel did you still have ?

BTW, not to kick a horse when they are down, but Intel has these problems

1- very tough product transition to Itanium
2- seems to be accelerating it's releases so much that quality & attention to detail has suffered.
3- the internet is hurting the adoption of fast chips, as in you need them still but less fast...
4- software has not "bloated" enough to rellay use 1.1 GigHz chips yet.
5- they are padding their profits too much with "investment gains", and THAT is pretty scary, and not income form "operations"

Finally, it's a slow grower in sales & profits lately YOY
as well as it had 400 Billion + Market cap which seems excessive compared to Cisco & SUNW & NT.

Take care
jean
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