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Technology Stocks : All About Sun Microsystems
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To: daddyo2 who wrote (41126)2/12/2001 4:21:53 AM
From: JDN  Read Replies (1) of 64865
 
Dear Daddyo2: First, I would caution you about money managers. Have you ANY IDEA just HOW MANY money managers there are today?? I am sure that you could find estimates of "worth" all over the map on any stock. Second, "worth" like beauty is in the eye of the beholder. If you are a trader, certainly a figure in the low 20's would appear to represent VALUE since these people look for a quick gain. If you are a fundamentalist and a long term buy and hold investor looking to gradually build a quality portfolio of technology stocks I have to believe that any purchase of SUNW under 30 represents opportunity for above average gains over a period of time. From my viewpoint the dip SUNW took last week was indicative of the state of the market, the fact most people dont expect much to happen over the next two qtrs in technology in general thus a lack of "spirited" buyers in the sector. IMHO now is the time to begin to accumulate quality tech stocks not a time to sell them. JDN
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