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Technology Stocks : All About Sun Microsystems
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To: Charles Tutt who wrote (39934)1/2/2001 6:45:11 AM
From: Charles Tutt  Read Replies (1) of 64865
 
The market seems to be pricing an all-out "sell apples on the street corner" Second Great Depression, particularly in the Internet sector. I was just looking at CMGI. According the the figures Yahoo! has, it's down about 97%, to about a third of book and just slightly more than cash per share.

Of course, street corner apple sellers don't need connectivity (although it could help productivity). <g>

I think SUNW is now pretty close to a PEG of 1; eventually that should bring value investors to it . The growth investors all seem to be hiding.

JMHO.

Charles Tutt (TM)
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