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Technology Stocks : All About Sun Microsystems

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To: chic_hearne who wrote (34853)	8/29/2000 2:48:21 PM
From: uu	Read Replies (2) of 64865

Dear chic: If you go back to some posts back in 1996-1997 right here on this thread there were quite a few people who talked in the same manner you are now. At the time SUNW was at around $32/shr (pre 3 splits ago which makes it $4/shr post splits). They all shorted the stock, bought puts, and did a whole bunch of stuff to convince themselves what they were doing was right! Well, I wonder what happened to all those people?! In any event, $200 billion may sound a lot to you today, but mark this post and come back to it in about 2 years from now (if not sooner). At that time the valuation of Sun will most likely be at around $450 Billion. Of course in the process you will lose quite a bit of money based on your claim of buying puts at today's prices, but I guess that can be considered as the price you have to pay in order to become educated how to invest in high growth dominant tech companies. Best Regards, - Addi

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