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Technology Stocks : All About Sun Microsystems

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To: cfimx who wrote (41282)	2/16/2001 4:52:09 PM
From: uu	Read Replies (1) of 64865

Dear twister: Hope all is well. What are your assertions of SUNW now, since I have not had the pleasure of chatting with you for a while. The last time we engaged in exciting discussions was back in 1997 when SUNW was my number 1 holding. I believe at the time SUNW was trading at around $27/shr (before all the splits) which makes todays price of $23/shr equivallent to $184/shr in 1997. Anyway, I believe the failure of .com's has been the major negative impact on SUNW. While I do not see the upside too much for the next 24 months, I believe the stock is oversold and undervalued at this time. The upside potential for SUNW is $30-$35/shr for the next 6-12 months (if not sooner - however if that happens it will simply be because of its oversold condition and not based on fundamentals). The downside however is another 20% (or probably at around $19-$20/shr -- although I doubt that would happen). In any event, good to see you around here still. Regards,

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