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Technology Stocks : All About Sun Microsystems

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To: Eski who wrote (29807)4/1/2000 5:34:00 AM
From: JDN  Read Replies (1) of 64865
 
Dear Eski: At this price level and in this Tech market I am less confident than I was a few weeks ago. I think the first thing must be performance. The company must have dramatic growth going forward to justify a split (ie I doubt they wish to split the stock if the stock wont be able to climb back to a comparable price over the next year)
So, If we get outstanding current earnings coupled with outstanding future growth indications Maybe they will consider a split. Otherwise, I suspect they will elect to allow the earnings to grow into the current price to drive down the PE ratio and maintain a respectable stock price in the interim. JMHO. JDN
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