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Technology Stocks : All About Sun Microsystems

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To: cfimx who wrote (62950)	4/29/2005 1:51:22 PM
From: Mark O. Halverson	Read Replies (3) of 64865

The LBO rumor was widely believed, I think, because it seemed to ring true. Why wouldn't a stock like Sun worth over five dollars per share for its cash and securities hoard be worth much more than that in an LBO. It seemed a no brainer. Hello everyone, I am very long on Sun and have been for a long time. I am long because of its cash hoard and because I think there's a fair chance the company could find its way again. If it does, watch out above! I think its current low price is entirely ridiculous, given its cash hoard and its technology position. The upside potential is enormous, and the downside potential quite limited, due to the cash hoard. I don't know if Scott McNealy is the one to realize that potential, a new face may be needed. But one day I think the stock could soar. Best, Mark

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