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Technology Stocks : All About Sun Microsystems

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To: High-Tech East who wrote (48100)4/7/2002 2:07:59 PM
From: Charles Tutt  Read Replies (1) of 64865
 
I can only speak for myself. Most of my SUNW shares are in IRAs, and the margin debt in my non-IRA account is down substantially from what it was (although I still have some). If I get driven out of a few shares by margin calls in the next few weeks or months, c'est la vie. I've got a tax refund and a class action suit settlement coming, and plenty of credit capacity, with no big bills on the horizon, so I'm not too concerned about cash.

Eventually (who knows when?) I expect Sun to start growing revenues again. With the new, leaner cost structure, I expect revenue growth to impact the bottom line dramatically. Y/Y comparisons can hardly help being favorable. Then we could see some good moves in the stock price. I've got time to wait.

But thanks for your concern. I do think we need to throw a few Grand Old Pessimists out of office before things get going, but an election is coming.

JMHO.

Charles Tutt (SM)
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