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Technology Stocks : All About Sun Microsystems
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To: cfimx who wrote (22888)11/13/1999 1:24:00 PM
From: JC Jaros  Read Replies (1) of 64865
 
Wait. There's more. I have a question.

I see where BRK.A reported operating earnings that fell significantly short of the previous year (~50%?).

Here's my question: What's the new P/E?

Also, the reason given for the decline (apparently apart from the equity managers snorting up so much Coke stock), was poor performance in the insurance company holdings. Why?

I don't know why, but I know what's next. Check out what AllState just did. They layed off more than a third of their workforce and what? That's right, they're plunging head long into .com-ing themselves (in one hot hurry).

You know those big insurance company buildings there in New York? Well, soon they're going to have a LOT more Sun servers in them.

What's your SUNW position again?

-JCJ
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