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Technology Stocks : All About Sun Microsystems

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To: Sonki who wrote (12117)11/28/1998 11:05:00 PM
From: Alex Chun  Read Replies (2) of 64865
 
Sonki, Lynn, JC: Thank you for your thoughtful replies. I am still digesting what you wrote, but already a few things have occured to me.

1) I am in love with this stock. Holding it is just plain fun, so I probably will, even though it may not be the rational thing to do.

2) I have to ask myself whether I am prepared to say goodbye to Sun the value stock and embrace Sun the high-flying growth stock. I just looked at Dell's chart -- a 500-bagger since 1/90 -- and found it encouraging.

3) Also, I need to ask myself if am I prepared for Sun to tank (let's please not debate whether it will). I need to think about this one. I would be pretty unhappy if SUNW went below 30 -- which is still a trailing P/E of 15+. [Anyone considering picking on that "30" number: Hah, you went for the bait!]

I've been thinking and thinking and thinking about this stock over the holiday, and it's driving me batty. I'm almost ready to throw up my hands and say Que Sera, Sera.

Anyone know where I can get a nice cup of Chai? :-)
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