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Technology Stocks : All About Sun Microsystems

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To: uu who wrote (945)3/19/1997 10:30:00 PM
From: Moe   of 64865
 
Addi,

Are you a propagandist for Sun? Twice in the recent past I had doubts about the stock and was about to sell above 30. These posts are my proof. techstocks.com techstocks.com
But I read your highly convincing statements about the great outlook for Sun, and I decided to hold. Now, I am down so far, that I could have bought a couple of Sparc machines with that money. And with all these NT news stories coming out, and with this downside momentum, who knows how low it will go? I know that ultimately I make the investment decision, but I am curious about your track record in picking stocks. If you have been successful at this, I will be more confident that Sun will not be a disaster.

Why do you think Sun now decided to go on this massive advertising campaign? It will cost a lot of money, and it raises concern that perhaps business isn't so brisk. And what is to prevent NT from someday running on a high end intel system? Isn't that where they are headed in the future? And, how is Sun supposed to make much money from Java? They make their money from servers and work stations? Also, Microsoft came out with a new HTML developer's product which allows you to easily do things you once needed to write Java code for.

I hope your high opinion of Sun is correct. But, didn't Apple seem like a great company before the stock began its collapse? I don't think Sun is anything like Apple, but I should have sold when I had my doubts a few weeks ago. If I manage to eventually get out of this unscathed, I will make sure to buy stocks in the early stages of their advance, not near the end when investor doubts are surfacing.

Moe
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