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Technology Stocks : All About Sun Microsystems
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To: Charles Tutt who wrote (42628)3/31/2001 8:24:02 PM
From: techtonicbull  Read Replies (1) of 64865
 
Look, Charles, these opportunities do not come around too often. They occur maybe once in 3 to 5 years when you have a quality, well managed company with close to $2 BLN in their treasury including stock holding, with superior technological patents, with a new line of chips making their servers much faster, with a great management team and with the ability to correct mistakes like the ones they have made in storage. This is a company that is actually making money in the current market. This is a company that will be another Hewlet Packard in annual net earnings. I recall when I first bought Sun Microsystems 5 or 6 years ago they were earning $2BLN net per year. Now they are earning something like $15 BLN net earnings. This is an amazing amount of growth.

You cannot tell me that such growth will not continue with all the research and innovation that they are devoting a very substantial part of the budget to.

I would press the "buy" button on SUNW and I will be adding.
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