All About Sun Microsystems Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : All About Sun Microsystems

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: E_K_S who wrote (8401)	3/20/1998 1:11:00 PM
From: Alok Sinha	Read Replies (2) of 64865

I doubt it will move to 50 soon, given the market's fickleness with respect to SUN. Although there is zero premium in SUNW stock with respect to Java potential, you can see how the stock reacts to any negative news with respect to Java. To me, the fact that HP and MSFT are trying to break the Java standard is a validation of Java's potential in the long run. In the near term, the high end servers will drive earnings. The stock will consistently have to battle the Street's perception that NT will hurt SUNW, given Microsoft's past success. If earnings come in line (which I expect), I think we will be back in a trading range in the high 40s. Sustained move above 50s is possible only if earnings surpass expectations (which I doubt). I do think that the road to SUNW's Java strategy will be more bumpy with a concerted effort on part of powerful licencees to break the standard. On the + side, IBM, Oracle, NSCP continue to be 100% behind pure Java. Regards Alok

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next