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Technology Stocks : All About Sun Microsystems

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To: chic_hearne who wrote (33558)7/14/2000 3:00:37 PM
From: JC Jaros  Read Replies (2) of 64865
 
I'm a pretty conservative investor. I am way weighted in SUNW though, and SUNW is trading at a huge multiple. It trades there because of future expectations. It's very similar to CSCO that way. --- If you never hold a stock that has a PE over 30, you'll screw yourself out of a LOT of money. You'll be limiting yourself to electric utilities and equities that have growth rates substantially less than SUNW. --- Some people do well investing exclusively in stocks with high multiples. I heard Phil Condit, or whatever the CEO of Boeing's name is, talk about higher PE stocks in that light. Of course, that was before all of this Yahoo and .com stuff, so... --- Anyway, I'm comfortable with SUNW PE. I've watched it come together. I know what it's made of. -JCJ
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