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Technology Stocks : Intel Corporation (INTC)
INTC 50.22-0.7%Feb 9 3:59 PM EST
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To: Tony Viola who wrote (114391)10/18/2000 4:48:47 PM
From: Proud_Infidel  Read Replies (2) of 186894
 
Tony,

Sun's results. Their quarterly sequential revenues are up less than 1%, and yet that's blowout? Were they given a hiatus from sequential growth because of transition to USIII? Now that's managing the street, by them, to command a P/E of a hundred and get off with a no revenue growth quarter

To me SUNW is a new bubble stock. I do not know when it will burst just as I did not know when the dot coms would turn into dot bombs. But the street is awarding SUNW a ludicrous multiple given their current competition, hungry for their space. It's almost as if the Street is ignoring this fact. One of the many things which confuses me about the state of the current markets.

BK
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