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Technology Stocks : All About Sun Microsystems
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To: JDN who wrote (38368)11/29/2000 4:16:33 PM
From: cheryl williamson  Read Replies (2) of 64865
 
Hi JDN,

I have my own feelings about that valuation issue. I'm sure the market believes "as goes the internet so goes SUNW & EMC".

Since the ".coms" are beginning to tank the thinking is that Sun won't be able to profit as greatly from server sales. However, the internet is being choked (air supply cut off) by tight fed policies that is making money more expensive at a time when small-to-mid-cap business need cash to expand.

The MARKET for internet services is already there. Not every company will survive, but the industry itself will continue to grow and prosper AS LONG AS IT ISN'T CHOKED to death.

AG has had his time to dampen the economy, but we don't need to be thrown into recession. He needs to ease off in Dec.
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