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Technology Stocks : All About Sun Microsystems

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To: Iraj Masarati who wrote (318)	1/23/1997 12:47:00 AM
From: uu	of 64865

Iraj: > Do you know why SUNW was down today! specially on such a great > announcement day. Come'on Iraj! The stock went from $26 to $33.5 in a matter of 7 days (almost $21% gain) I am sure some people (momentum players) are happey with a 21% gain and are taking their profits! But these people will be back. Also believe me when I say this it is healthy for a drop like this. A stock can not go up everyday! SUNW is maturing (as stock - the company itself matured 2 years ago, but the stock is just starting to do so!). Any dip below $31/shr is a great buying opportunity and dont pay any attention to the price fluctuation in the short run. To answer regarding HP cutting the price on their workstation, it is absolutely OK! Sun is going after IBM mainframes now with its new StarFire line of products. And believe me that would neutralize any attempt by HP to take away any market share from Sun in the workstation arena. Again to me in the server/workstation arena Sun and HP are like Coke and Pepsi (Sun being Coke). Pepsi can hire Michael Jackson, and do whatever, but Coke will always be IT! Regards, - Addi Jamshidi

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