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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (38387)	11/29/2000 7:16:15 PM
From: A.L. Reagan	Read Replies (1) of 64865

Charles, I think the "confirmed guidance" is reflected in the consensus estimates I quoted. So, I don't get your point. Is it that SUNW sold for $x at one point in time when guidance was at "y" amount; therefore if guidance is still at "y" amount SUNW must therefore return to "x" dollars per share? My point is that we are going through an across the board multiple revision this year, which is more closely tracking historical norms for tech stocks, and no equity is immune. I haven't done this, but what was SUNW's P/E multiple range circa 1994-1995?

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