Here is to SUNW for an explosive growth in revenue and earnings:
biz.yahoo.com
Bought some more today at $32.75 - probably should have waited till at least tomorrow to buy more as perhaps the number of idiots selling into the mania and hype of oversees not doing so good would increase! But could not wait, a couple of bucks up or down does not really matter.
One thing people keep forgetting is that, lets assume that Hong Kong (or wherever else in Asia) is not doing good economically, and the sky is falling! Despite the fact that I believe this whole situation with Asia is extremely overblown, but lets assume that Asia is basically bankrupt!! Now, if someone is broke the first thing that person should do is to find ways to improve his/her economic situation, Right?! In a world where most countries are at peace and dont have anything to think about but their economic prosperity rather than building their military, and having cold wars with one another, the only way they can improve their economic prosperity is through improving their infrastructure to have the most optimum productivity with little cost to them! This is their only way out of their alledged disasterous economic situation! Now, I am no rocket scientist, but it seems to me that the only way this can be accomplished is through technology! And since US high-tech firms are the dominant technology suppliers of the world (e.g. SUNW, INTC, MSFT, HWP, IBM, etc.), I, not only see, a continued growth in the revenue and earnings of these companies but a very impressive growth rate ahead!
Now one may ask who would provide the money to these alledged practically bankrupt (!) regions of the world (i.e. South East Asia, Latin America, etc.). - And again we are simply assuming the worst! The answer maybe a little of using logic and also going back to history. Remember Japan, and Germany after World War II? Well I was not even born then, but from my understanding (and this was during a time when the world was in tension) countries such as the US helped such countries to re-build their economy which ultimately ended up benefiting the US economy.
Now as for SUNW, these 3rd world countries in Asia are in terrible need of upgrading their infrastructure to enable them to be more productive. One of the areas that this desire to upgrade is of very much attention is networking. Most of these countries do not even know what client-server is, yet and are still running on the old mainframe model. Networking, and client-server, (and its evolution to thin client/server centric model) is what these countires need. And I ask who would be in a better position than SUNW, IBM, HWP and others to provide them the technology?! And if you want you can just read the news on StarFire (which was specifically designed to replace the old mainframe computers in order to bring the modern client-server technology to corporations here in the US and especially in oversees).
So let the idiots continue selling their premium high-tech stocks as they are providing the best deals of the 20th century. I only wished I had all the caash in the world to buy the shares of SUNW, HWP, IBM, ASPX, LSI, and COMS! Eventhough I dont have all the cash, from the little shares (compare to the big boys of WS) that I have I am planning to retire sometime by 1999 when I will be 38 years old! Once I retire I am planning to visit Hong Kong and thank every Chinese there for providing the environment for idiots to give away their shares to me in the idiotic sell off atmospher they generated today!
Regards,
Addi Jamshidi |
