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Technology Stocks : All About Sun Microsystems

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To: Alok Sinha who wrote (13173)	1/6/1999 9:59:00 PM
From: KM	Read Replies (2) of 64865

I shorted Sun yesterday at 92 3/4 and covered too soon. Thought about it again at 94 today. Nothing against the company, it's just way overextended. Here's a clip ya'll might get a kick out of from an article about Intel in theStreet.com: Still, the message out of Intel's two-day press briefing was, Forget the Mac hype; the techno-future belongs to Intel. On the low end, the company will crush Advanced Micro Devices (AMD:NYSE), on the high end it will crush Sun Microsystems (SUNW:Nasdaq). Apple Computer (AAPL:Nasdaq) was barely worth mentioning. Hearing Intel execs tell it, the company has no worries. "The march has begun," Miner said. He described his company's Xeon chip for servers as the backbone of Web companies. This top-line chip will be the engine of the e-commerce world, he said. Miner suggested that it is just a matter of time before Sun Microsystems will put Intel chips in its servers and workstations in place of its own UltraSparc chip, because customers will demand to move from Sun's proprietary technology to the all-pervasive Intel architecture.

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