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Technology Stocks : All About Sun Microsystems

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To: rudedog who wrote (37659)11/12/2000 11:22:35 PM
From: JC Jaros  Read Replies (2) of 64865
 
I don't know why you're dragging poor drunk Yaacov into this. I thought we were talking about what *you said with regard to SUNW and long term investing. My agenda here is simply to help keep you intellectually honest. --- Maybe there's some updated definition of what 'long term investing' is. Maybe I missed CNBC that day. --- You though could have posted the same 'take it off the table' advice every week in the time *I've held SUNW and have been wrong every single time. --- Because I resisted such advice, I have a cost basis so low, it affords me to sleep at night. --- Irrespective of that, I can't think of another equity I'd rather own with SUNW procedes. Following the equity as closely as I do, I'm pretty confident in Sun management and Sun's forward prospects. My bottom line is that if I didn't already have portfolios which have become SO concentrated in SUNW, I'd be buying SUNW right now. I would have been buying it last spring. I would have been buying it last month. I would be buying it with the
same if not greater level of comfort which I had buying SUNW in 1996. There's just no other equity I'd rather own. --- I'm not a true believer because of stock price appreciation. I'm a true believer because of SUNW financial performance. --- To my mind (and again, maybe I'm out of step with CNBC) I'm much more interested in SUNW's P&L and Sun's forward story than I am about how much the stock has gone up to date. --- Using the fundamental metrics of 'long term investing', a fellow, unless he really needed the cash, would either be a mild idiot or a short term 'stock timer' to sell SUNW. (IMO) -JCJ
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