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Technology Stocks : All About Sun Microsystems

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To: trouthead who wrote (26642)1/22/2000 11:07:00 AM
From: Lynn  Read Replies (1) of 64865
 
Dear JB: Your question makes a Cramer article I found on the QCOM thread a 'must read.' Here's the section that deals with SUNW but first, this part make me think, "Twister," ;>

>... there is a tremendous propensity among lower-performing individuals to want to
jump off the Sun Micros (SUNW:Nasdaq - news)

Okay, here are the sections relevant to SUNW:

[quote begin]
(Second, there is a tremendous propensity among lower-performing individuals to want to
jump off the Sun Micros (SUNW:Nasdaq - news) and the Nortels (NT:NYSE - news) for
the next new hot stock. But those who have traditionally done well know that switching
horses like that doesn't work. Sure, some stocks will get overlooked that shouldn't, while
others might momentarily get too expensive. But it's much easier to invest bird-in-the-hand
style than two-in-the-bush style.)

Don't be afraid of owning new technologies. The best of you individuals out there are
experimenters, looking for a dominant company in a soon-to-be-dominant industry. Many
individuals I know spotted Sun Micro long before other professionals because they saw
that Sun machines would dominate the New Economy.
(Microsoft is the best example of this...

Leadership at the top is the most important criterion for finding the best stocks. Investing
with Chambers at Cisco or Grove and Barrett at Intel (INTC:Nasdaq - news) or McNealy
at Sun or Pittman at AOL (AOL:NYSE - news) or Koogle at Yahoo! (YHOO:Nasdaq -
news) has been dead right. A strong hand up top makes all of the difference.
(We tend to hate judging subjectives as professional managers.
[quote end]

Here's the URL to read the entire article:

Message 12645687

Lynn
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