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Technology Stocks : All About Sun Microsystems

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To: E_K_S who wrote (11202)10/2/1998 9:52:00 PM
From: E_K_S  Read Replies (1) of 64865
 
Sun Microsyst (SUNW)(Reuters 11:46 AM ET 10/02/98)
(http://www.infobeat.com/stories/cgi/story.cgi?id=2556391706-d46)
Scott McNealy, chairman and chief executive of network computing products company SUN MICROSYSTEMS INC, got $1.7 mln in salary and bonus this fiscal year, down from $2.6 mln in 1997, Sun said. He also received options to buy 400,000 Sun shares at $43.63 per share, expiring June 17, 2008, according to Sun's proxy filed with the SEC for the fiscal year ended June 30, 1988. Those options were higher than what any other Sun executive named in the proxy received for 1998.
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I would say that the downside support for SUNW would be $43.63 as this is the price of the options for our CEO.

EKS

P.S. I got Solaris X86 up and running while my NT system just crashed again. It will be interesting to find out which system is more stable. However, there are many more devise drivers for NT thus making it more functional as a small business machine. I will soon have a better idea once I get both systems configured with the same devices and applications (when available...).
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