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Technology Stocks : All About Sun Microsystems

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To: Mephisto who wrote (23308)	11/22/1999 8:03:00 PM
From: Alex Chun	Read Replies (1) of 64865

> Congratulations!!!!! Thank you, thank you. Taking some profits after 4 1/2 years feels great! > I am trying to remember if I like "Staples". It didn't > join up with Office Depot, did it? I've always disliked > Office Depot (not to be confused with the Home Depot). No, Staples still competes with those other office superstores. Staples is off-topic, so I will try to make this the last time I mention it here, but briefly: SPLS is a 30% grower with a strong balance sheet and excellent earnings predictability, trading at a forward PE of about 30. I highly recommend the 10/22/99 analysis in Value Line to anyone interested in finding out more. Also, see November 1999 Money, page 110. > Do you have plans for your windfall, apart from paying > huge income taxes? (g) My plans for the money are exceedingly boring, I'm afraid. 1) Retire 100% of my margin debt. 2) Pay capital gains taxes. 3) Invest in SPLS (oops, I mentioned it again!). Good luck! -Alex

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