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Technology Stocks : All About Sun Microsystems

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To: cfimx who wrote (57068)11/25/2003 8:31:04 PM
From: QwikSand  Read Replies (3) of 64865
 
I bought SUNW on the 19th. I took a medium-size (for me) position because we all realize that it's highly speculative at best. I trade shares, not derivatives. I'm disgusted with a couple of the more pathetic PR's, the $299 desktops in particular, which is just another tic emanating from Scott's Microsoft mania. But I think they have a shot at profitability and an upward trend over the next 2 years from mid-to-large hardware and services. I do believe Itanic is definitively toast.

If they have another bad Q in January and it goes to $3.50 I will probably buy more.

Once again, I view this investment as better than a Vegas slot machine, but only a little. I would not recommend it to anyone as a serious play.

--QS
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