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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (16914)	6/7/1999 6:06:00 PM
From: Mephisto	Respond to of 64865

Haim, I am not certain but I think Acampora turned neutral or negative towards the market sometime ago. M..............

To: Haim R. Branisteanu who wrote (16914)	6/7/1999 10:54:00 PM
From: Stormweaver	Respond to of 64865

+ the Y2K wildcard.

To: Haim R. Branisteanu who wrote (16914)	6/7/1999 11:04:00 PM
From: Marvin Mansky	Respond to of 64865

Haim: You remind me of Joe Granville. He was the ultimate bear. He was insistent that we were in a bear market. As we all know he missed the entire bull market of the 90's. Anyone who followed Joe was in serious trouble. You must understand that it's different this time. PE's are normally higher now. Remember there is greater stock ownership than ever before and for ten years there has been a market global economy since the fall of the Soviet Union. So "lighten" up HAIM. Trust me SUNW's going higher!

To: Haim R. Branisteanu who wrote (16914)	6/7/1999 11:34:00 PM
From: QwikSand	Respond to of 64865

Thanks for the pointer, Haim. Defrocked's post is cogently written and compelling, no doubt about it. But, sorry, these bear religionists live in their own world every bit as much as the permabulls (of which I don't count myself as one...I'm not saying that 'it's different this time' because I admit that I have no clue what it is this time). Does anybody know where on the web to generate (for free) a histogram that divides the S&P 500 into P/E buckets? That is: how many SPX stocks have nonpositive earnings, P.E.'s of 1-10, 10-15, 15-20, and etc? I think that would be interesting to look at. It's easy to throw out an 80 P/E number and of course it's meaningful for the bubble stocks, but how widespread is that really and how much of the overall total market cap does it account for? (Reasonable men can differ about how much of a bubble stock SUNW is at this point, even though the bear religionists wouldn't grant that). Regards, --QwikSand