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Technology Stocks : All About Sun Microsystems
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To: Willy who wrote (823)3/10/1997 10:09:00 AM
From: Roader   of 64865
 
Everyone has heard that the recent weakness in the stock is due to the fact that the strong dollar will cause weakness in overseas sales. As a result there is fear that SUN may not hit its earnings. I take some comfort in the fact that a 100 bps to 150bps improvement in gross margin will offset this. However the market if obviously as not as comfortable as I am because the stock would be at 35 and not 29.5. Any comments on whether to buy more now or wait.
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