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Technology Stocks : All About Sun Microsystems

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To: Sonki who wrote (4934)10/18/1997 6:39:00 PM
From: Xpiderman   of 64865
 
Sonki and all:
Based on the following infomation, SUNW could drop to below $30,
if the market condition is realy negative(hit the very low P/E of 12).
T/A also suggests SUNW will find strong support in $29-30 area.

Any comments and discussions are welcome.

SUNW earning per share and P/E range in last several years:

92-93 93-94 94-95 95-96 96-97 97-98 98-99

Sep $0.01 $0.04 $0.10 $0.21 $0.32 $0.41 $0.56
Dec $0.08 $0.12 $0.21 $0.33 $0.46 $0.56 $0.69
Mar $0.12 $0.15 $0.28 $0.37 $0.51 $0.60 $0.73
Jun $0.18 $0.20 $0.31 $0.43 $0.61 $0.74 $0.90

Year $0.39 $0.51 $0.90 $1.34 $1.90 $2.31 $2.88
Yr. to Yr. 30.8% 76.5% 48.9% 41.8% 21.6% 24.7%

P/E range:
High 25 31 18 26 28 29
Low 11 12 9 10 15 15
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