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Technology Stocks : All About Sun Microsystems

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To: James Mohtadi who wrote (3398)7/28/1997 1:09:00 AM
From: Uncle Frank   of 64865
 
<Having regretably sold my shares of SUN at around 35, I would love to re-purchase the stock.>

PMFJI. I admire you for admitting you erred... most posters claim to be able to time the market and achieve 50% monthly growth. Like you, I am unable to predict the near term, so I buy good companies, such as SUNW, long term. Try to forget about selling at 35 and treat it as a new stock, and your buying decision will be a lot easier. I had to eat crow and do that with INTC after selling at 85 pre split.

<Just the other day I became one more victim of Microsoft's bugs as my WORD file became the victim of a microsopf-specific WORD virus>

I've had two viruses related to .doc files, the CAP virus and the Concept virus. It's hard to blame Microsoft for the work of some very clever hackers. They were kind; both of these viruses are annoying, but not fatal. The good news is that your system can be purified and protected in the future very easily by the latest version of McAfee.

Good luck on buying back in. Sun has a lot of momentum going for it right now; I wouldn't be surprised to see it break 50 short term. On the other hand, I wouldn't be surprised to see it slip back into the 30s.

Frank
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