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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (64612)6/21/2008 11:09:19 AM
From: Elroy  Read Replies (1) of 64865
 
According to Yahoo!, price/sales is 0.65.

Yeah, but when the sales don't produce any profit, and are in general decline, what does a cheap valuation matter? You can buy OVTI at 0.65x sales, and they are making money, and growing like a weed. Why would you buy JAVA instead of OVTI?

JAVA is a slowly dying tech company. For that type, valuation is low and will remain low, forever.
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