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Technology Stocks : All About Sun Microsystems

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To: RichL who wrote (5219)10/29/1997 7:07:00 PM
From: uu  Read Replies (2) of 64865
 
RichL:

> are you buying SUNW at these levels?

After recently buying more at $45.5 and $46.5, and then $37.5 I bought a whole bunch more yesterday at $32.5 (along with IBM and MSFT). And if my wife would let me take some more from our emergency cash I would love to buy more in the $33-$34 range (this is not to say that the stock will not go lower, but to me SUNW even at $46.5 was a bargain considering the huge revenue and earnings it will be facing next year - and in fact starting this quarter).

As I say idiotic sell offs do not happen that often but when they do (like the one we are going through now) one should take full advantage of the situation and take the idiots selling, to the cleaners and take everything they have at dirt cheap prices. I know, this is unfair, but this is what I believe an idiot deserver to get!

As always just my humble opinion and not an investment advise.

Regards,

Addi Jamshidi
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