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Technology Stocks : SUN microsystems: 7/18/96 quarterly report - BIG!
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To: GARY SIKORSKI who wrote (322)9/14/1996 4:47:00 PM
From: Carmine Cammarosano   of 386
 
Gary, I am holding on to my shares because I have not heard anything that would have me doubt SUNW's EPS estimates. The estimates for this FY97 is $3.27 and ends June 97. Giving SUNW a multiple of 20 would value SUNW at 65! I think it is undervalued and on track to beat future estimates. ORCL's EPS were right in line with estimates and it responded nicely unlike the way stocks behaved in July. The market is looking good and this will only help SUNW!
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