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Technology Stocks : All About Sun Microsystems
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To: JDN who wrote (13409)1/13/1999 5:31:00 PM
From: Alex Chun  Read Replies (1) of 64865
 
Dear JDN:

1) Simply saying "paradigm shift" does not mean a stock isn't overvalued. IMO an analysis like this needs to be backed up with numbers. Otherwise you could "justify" any price.

2) SUNW a ten-bagger in seven years? Sure, why not? That would be a reasonable slowdown from the torrid 84% annualized average appreciation in SUNW that I've experienced since 4/95.

If I didn't think Sun had excellent appreciation potential, I wouldn't be long. But, as I said, at this point I'm simply going with the momentum.

-Alex
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