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Technology Stocks : All About Sun Microsystems

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To: uu who wrote (5448)	11/12/1997 8:18:00 AM
From: harrypolo	Read Replies (2) of 64865

Addi, first of all I do not regard you as an idiot investor. Not by a long shot and I apologise for leaving you with that impression. But despite your optimism I still think tech stocks right now are too high. And I believe the Asian markets and economies are in serious trouble and no amount of increased productivity through technology will solve that problem in the near future. There is simply too much production and capacity right now. It will take a while to soak up all that product. Techs, of course, have a bright future. But the P/E's are also too far into the future. Regards, Harry

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