SUN microsystems: 7/18/96 quarterly report - BIG! Message Board

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Technology Stocks : SUN microsystems: 7/18/96 quarterly report - BIG!

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To: Martin P. Smith who wrote (115)	7/19/1996 12:11:00 AM
From: Zam	of 386

Hey guys, why are you so excited? the stock has been in a down trend for a few weeks. It bottomed at 44 two daays ago, remember? Why? the pit bosses of the casino wanted to make more money. Is the company good? yes it is a great company, so is DEC. The bottom line is that HP, DEC, IBM and SUNW are all selling servers. and prices have dropped. However in SUNW 's case they did not loose sales, as a matter of fact it made .85C versus the .84 expected, if it waasn't for some acquisition they made. Conclusion? any company can spend their profits and claim losses that are tax deductable. Wohever the analysts are to blame, since they knew the expenses. I believe that we have been cheated again and deprived of some nice profits. however they can write some article or upgrade the company to make it go up after all of us sell...... hey, the legal mafia has to make a living, so do not get angry with eachother. I have a feeling that we will get another opportunity to pick up SUNW in the low 40's or even the high 30's . just wait patiently. You will be rewarded.

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