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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (39149)12/13/2000 3:26:22 PM
From: alydar  Read Replies (2) of 64865
 
Charles, its not a game unless you can buy 1,000 shares at a clip, no?

Either you believe or you don't. Good luck. I'm sticking with my 6,000+ share holding through this mess. I think IBM and HWP are issuing PR due to pressure from large investors.

I expect 50-60 percent revenue growth this quarter with slightly slower growth in subsequent quarter. If over the next few years SUNW can stabalize at 25% revenue growth (i.e., like GE did over the past 20 years) that would suit me fine. I really think they can do it.

There are so many reasons for a 3% price discount that it makes my mind spin. Examples are, blowing out Ultra Sparc II, mfg. is kicking ass and they are just pumping this stuff out, direct sales model is doing well and they incentives to VAR channel and many more.

I purchased 10 2003 LEAPS today by selling SUNW stock. I'm taking on more risk.

Good luck, Bob.
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