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Technology Stocks : All About Sun Microsystems
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To: JDN who wrote (37754)11/14/2000 2:38:10 PM
From: techtonicbull  Read Replies (1) of 64865
 
I agree about lack of regulatory oversight which would ultimately help the techs. Also I believe that SUNW will be heading towards new highs and here is my thinking: I was thinking about the split 2 for 1. I know of very few companies that would recommend a split of their stock if there was not a compelling fundamental sound condition at the co. More than that, there is a steady stream of income (annuitized) money that they have due to long-term contracts in service and upgrade cycles. Plus there is going to be a new product cycle that will bring in tremendous money. Merrill Lynch has a target price of $145 which I believe will be exceeded well before the twelve month target.
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