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Technology Stocks : All About Sun Microsystems
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To: Marvin Mansky who wrote (16644)5/27/1999 8:07:00 AM
From: Haim R. Branisteanu  Read Replies (2) of 64865
 
Marvin, you have a basic flaw in your calculation. 10 year treasury is around 5.5% - 5.6%. Based on this discount and possible 20% growth (???) SUNW should trade in the $30 to $40 range.

For your financial health adjust your expectation accordingly. Any price above is a pure gift from speculators.

Buying at those levels is like buying AMZN or YHOO at $200.(never mind that both companies are worth maybe $10 only for the potential not for earnings)

Haim
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