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Technology Stocks : All About Sun Microsystems

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To: uu who wrote (7956)3/1/1998 8:53:00 PM
From: Byron Xiao  Read Replies (1) of 64865
 
Addi.

I don't mean to be dis-respective or anything. You are a great
contributor to this thread. I respect your decision to stick with
your investment strategy. But I am wondering why do you think
there will be a massive sell-off in the tech sector in March-April?
All the economic indicators are pretty strong. Investors are just
jumping back onto high tech. And NASDAQ did jump up 12.5% since
beginning of the year, but that was after some massive sell off at
the end of last year. People are talking about NASDAQ hitting 2000
sometime soon. I am just wondering what is your reasoning to think
that we will have a sell-off?

By the way, I don't live in the Bay Area. I live in MSFT country in
Seattle. I don't like MSFT as a company, but I've got to love there
stock performance. I just realized last week that Bill Gates is
worth 48B now. If he were to give his money to all his MSFT employees
each MSFT employee will get 5M. If he were to give his money to all
people in Seattle, each one in Seattle will get $100,000. No wonder
this town is worshipping the guy like GOD. I don't think I can
qualify myself as successful investor. I like DELL cause I like the
PC I ordered from them. I think I was lucky in making that decision.
But I also invested heavily in SGI even when it was on its down trend.
I like SGI because the company I worked for uses their boxes. I
bought SUNW because I am using the UltraSparc 20 at work. I started
invested in MSFT, INTC last year just to be placing some safe bets:
If UNIX bombs, then at least WINTEL will do well. I don't think
I can qualify myself as a good investor, but rather someone just
happen to be lucky.

Anyways, peace and happy investing. :)
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