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Technology Stocks : All About Sun Microsystems

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To: Thomas Haegin who wrote (7029)1/19/1998 5:52:00 PM
From: gdichaz  Read Replies (3) of 64865
 
Very much appreciate your extensive summary of the Conference Call. Considerable work for you and very helpful to this board - especially to those of us who own some SUNW stock and are long term investors. One statement in your summary struck me "I promised the SunW IR folks not to disclose the CC phone #" Was it actually someone in the Investors Relations Dept who made you promise to keep Sun stockholders - for whom Investors Relations is the conduit and alleged advocate - in the dark while informing "analysts" - the vast majority of whom (actually I assume almost all) are not rpt not stockholders. What kind of "Investors Relations 'folks' does Sun have? Who are they representing - investors? Apparently not. Why should people who write about the company (often negatively) have access to information and the views of Sun's leadership that is deliberately denied to Sun's own stockholders? Seems to me we stockholders should protest this directly to Sun management in the strongest possible terms. Note: I listened to the conference call in the fall and found it very valuable. The "analysts" reports were almost useless in comparison. While Sun may be legally able to treat its stockholders like second class citizens, seems like abject and absolute stupidity to do so. Stockholders are among the best "advertizers" Sun has, while analysts often distort and slant so that Sun comes out on the short end of the stick. Remember in the fall the chorus of disaster, when I, listening directly, knew that was not the case at all. We need to get a commitment from these "IR folks" whom made you promise secrecy to reverse this and permit individual stockholders (and others) access to the conference call after the next earnings report IMO. Comments? Action?
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