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Technology Stocks : All About Sun Microsystems
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To: alydar who wrote (63979)10/25/2006 6:51:47 PM
From: Arthur Tang  Read Replies (1) of 64865
 
We have a position in Sunw, very small, because of the management emphasis on technology and not the huge market it already has. Unix with killer applications will be $15.9 billion in 2009.

The problem is focusing in service using Sparc and solaris to handle the new economy which require supply chain software such as the public ebay e-market. There are many private e-markets that need service to handle traffic and ERP.

If Sunw can hold up the 5% profit before taxes, we should see much better moves of a few pennies at a time.

Once, we break the $6 barrier, we should march to $15 barrier in the first wave of Elliot waves.
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