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

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To: Carmine Cammarosano who wrote (181)8/4/1996 2:55:00 PM
From: carlos jeanpierre   of 386
 
Growing big time yes!
But it has been a tough ride to the top.
The stock has been trading erratic and responding too
much to the news. msft 87 cents = 122 // sunw 85 cents = 57
something is very wrong here one way or the other
even after 8 or 10 quarters of record earning and profits
In my opinion they are the number one hardware and software
company. But they are being frightened into 700mil is R&D
costs and insider selling. And at the same time stock dulution of
say 10 million shares 10mil * 60 = 600mil dollars Hey why rob a
bank when you don't have to. Can they do it? I think there are
tough odds that the stock will go much high anytime soon. Also every
quarter will be critical. I am in at 11,22,45 but very concerned
that scott and company can steer this very big ship.
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