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Technology Stocks : Future earnings for JAVA

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To: uu who wrote (857)12/31/1996 4:41:00 PM
From: Senthil Sankarappan   of 918
 
Addi,
I am in full agreement with you. Though Unix market might slow, SUN will do well since it is gainig market share. Sun and Unix are becoming Synonymous now. SUN's revenue growth is accelerating if we see the last quarter. This is no sign of a loser company. Also, their UltraSparc gives them enough room to cut down costs and they know very well that they have to be price competitive. Now that SUN has almost conquired the Unix world, it can focus about NT threat. Java can only increase the sales of SUN boxes - work station or java station or what ever. Java gives them a good story and another market to make money. Evenif they don't make a lot in Java, it won't hurt their revenues.

Anyway, I bought SUN recently at 28.5 and am going to hold for more time. I have seen many many panicks like this and am prepared to ride them. In summer 94, everyone was panicking about SUN and Unix market and SUN was a $18 before 2 splits. Now it is more than 5 times that price. SUN has excellent technology and Scott McNealy knows how to make money too. He has been telling "Network is the Computer" for many many years and only recently people are agreeing to that.

Happy New Year to Everyone.
-senthil
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