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Technology Stocks : All About Sun Microsystems
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To: QwikSand who wrote (39559)12/21/2000 3:24:11 AM
From: craig crawford  Read Replies (1) of 64865
 
Don't be so foolish. Use common sense. It is a GOOD thing that SUNW is talking cost cutting. The street likes to hear that, there is nothing bad that came out of that memo.

>> The cost control memo on the other hand was IMHO a flat-out public admission that Sun is going to have to lower guidance for the next quarter or two <<

Oh really???? Maybe that's why SUNW dropped almost 50% in two weeks? What were you looking for, 70-80% growth next quarter? Be reasonable man, and quit spewing such negative bear hype. EVERYBODY is experiencing some slowing, the companies that acknowledge it quick and do something about it are the companies I want to be long.

Stock prices reflect business 6 months out or more. The next two quarters have already been PRICED IN.
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