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Technology Stocks : All About Sun Microsystems

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To: Stormweaver who wrote (15680)	4/23/1999 3:03:00 PM
From: Jacob S. Rosenberg	Read Replies (1) of 64865

The PE on Sun Micro is not as high as some of the other firms mentioned. That's why I believe that Sun has some more upside despite the fact that they told analysts that things will be down slightly later this year. I think that $75 is a good, conservative, price target for this stock. You should be advised that I'm long the stock. I actually WANT short sellers to respond. They don't have to tell me that they are short the stock. The overall market bias to bid up tech stocks without regard to what they are doing, or even whether they are making any money is unhealthy. Sun Micro makes good products that I've used for years. Also, Sun is NOT overvalued, in my opinion. Jack

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