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

To: Alok Sinha who wrote (20179)	9/23/1999 8:25:00 PM
From: JC Jaros	Read Replies (2) \| Respond to of 64865

But Alok, in Ballmer's view, all .coms, IPOs and anything related to the tech world that's not MSFT is 'overvalued' from the M$ perspective. If Ballmer goes the next step and includes MSFT (Ballmer valuation model), then the only thing that can be assumed from that is that MSFT is 'warning' (and not just for the current quarter). If we are going into a new computing paradigm, which there is ample evidence to support (of which perhaps this is merely the latest evidence), what good are historical numbers applied to valuations? -JCJ

To: Alok Sinha who wrote (20179)	9/23/1999 8:43:00 PM
From: QwikSand	Respond to of 64865

I pretty much agree, Alok. SUNW stock has a bright future (as well as a pretty damn bright past), but Ballmer just said what many people who look at numbers are thinking. I mean it's on talk radio already...the numbskulls who usually pound the table about bad baseball pitcher trades are worying about the divergence between the Dow and the A/D line. At this point you don't have to be a millenial Kahuna freak to see that too many numbers are too far out of whack, and too many risk factors are at the red line. I don't think we're due for a bear religionist's meltdown to Dow 4000 or a replay of 1929 or any of that, but I think a non-trivial correction of some kind is actually needed here. And it is, after all, the season. --QS

To: Alok Sinha who wrote (20179)	9/23/1999 9:36:00 PM
From: Kashish King	Read Replies (3) \| Respond to of 64865

Ballmer's remarks were more than just irresponsible. I don't see any point in criticizing Ballmer for the opinions they hold. I take it you mean the opinions he holds and when you're speaking on behalf of a corporation you keep your personal opinion in your pocket. Moreover, when you're in the position of Steve Ballmer, commenting on the price of your stock is very bad form. That might explain why so many companies do not publicly comment on their current market valuations. Guidance usually doesn't come out as our stock is too high, and so is everybody else's! That's not guidance. Those irresponsible remarks had predictable results from a person of Ballmer's corporate status. Does Microsoft feel threatened by technology companies with financial resources? Does Red Hat get more attention with 6 to 8 billion in their wallet? Microsoft was the end beneficiary of those comments. They can take the hit, they want to throw cold water on the competition, and it worked.