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Technology Stocks : All About Sun Microsystems

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To: HammerHead who wrote (8649)	3/29/1998 6:45:00 AM
From: Haim R. Branisteanu	of 64865

Robert,based on this report the consensus in earnings is dropping it was $0.75 30 days ago and now it is 0.60. With Goldman re-adjustment it should fall more, regardless of the ambivalent hedged report e.g. SUNW may post more that our estimates and consensus and SUNW may post less that consensus, SUNW may ship and SUNW may not ship before the quarter end all this is BS. Therefore the sell off. those expecting 0.75 a share are adjusting their holdings. If I remember correctly SUNW indicated 0.59 a share as acceptable, so SUNW should trade north of $45, but it does not and that's a fact. You can not compare software company to hardware company as far as PE are concerned. I disagree with this conception but that's how the market value stock. BWDIK Haim

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