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Technology Stocks : All About Sun Microsystems
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To: johnd who wrote (26713)1/24/2000 3:11:00 PM
From: johnd  Read Replies (3) of 64865
 
Boy, I didn't expect to make a short-term market call and
be proven right in 3 hours. All of tech, the whole NASDAQ
and several internets carry heavy risk with them. At least
companies like YHOO have 100% growth rate. But SUNW is a
25% growth hardware company that doesn't deserve 120 PE
on that 25% growth.

During the last 12 months, while profits went up about
25%, stock was up 400%. But why?.

I think several techs, SUNW, AOL, YHOO, ORCL, even MSFT
are overvalued and some of them could correct down sharply.
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