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Technology Stocks : All About Sun Microsystems
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To: The Ox who wrote (14833)3/18/1999 10:10:00 PM
From: Crazy Canuck  Read Replies (1) of 64865
 
Micheal,

I can now see how you could assume that I was stating a double every year. I should have been clearer in my chart.

Mephisto was looking at a 30 year time horizon. I stated in my preamble that . . .

>>I believe that Sun is capable of carrying out sufficient growth (through revenues and acquisitions) to enable it to split its shares an average of once every three (3) years. I don't think that this is unreasonable given its history, and the history of other similar growth companies. If this occurs we will have witnessed a total of 10 splits during this time period.<<

So, when I built my chart, I should have worked it so that instead of titling it as years, it should have read Splits.

Sorry, I should have been clearer. That said, I still stand by my projections for what I think is possible within a 30 year time span.

Crazy Canuk

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