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Technology Stocks : All About Sun Microsystems

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To: JC Jaros who wrote (39814)12/28/2000 11:00:04 PM
From: techtonicbull  Read Replies (1) of 64865
 
Good point JCJ. I have a feeling, or I have heard it somewhere where I do not know, that SUNW will release some unbelievable products for 2001. I cannot see a company, that is generally one of the most honest in forecasting, who has not made any statement warning about the present quarter, not do extremely well in their stock price and PE ratio.

I feel there will be a slowdown but not in enterprise technology spending. I also feel that SUNW is a hedge against the slowdown.

I may be wrong due to the abysmal performance of the stock. I may be wrong if there is some "smart money" out there dumping SUNW. I have held on through some long stretches where SUNW did absolutely nothing only to come back and prove to be the "leader".

I will hold on and watch the developments in macro-economics and look for a great report and stock movement by January 18th.
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