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


To: QwikSand who wrote (22063)10/31/1999 3:08:00 PM
From: Dale J.  Read Replies (1) | Respond to of 64865
 
I gave him that cranky answer because I'm always irritated by people throwing out meaningless numbers, good or bad, as though they actually mean something. Same reason I snap at the regular "We're gonna blow away expectations!" posts every quarter when SUNW hasn't come in more than .02 over consensus in the last 4 or 5 years.

We agree on that. Now that is scary, you and I agreeing. Shiver me timbers!

I feel the same way about it though. When I'm long a stock I sometimes get irritated by unrealistic whisper numbers tossed about. "Oh no, they didn't beat the whisper number...blah, blah, blah."

There was one day during the three years before Nov. 11 1998 when SUNW had gone up 15% in a single day (12/15/95), one 13% day (3/9/98), two 11% days and two 10% days. So in fact there had been some up-days at or above the percentage ballpark that Christopher was predicting. So I was right in that sense.

Ok if you say you didn't have call options then I believe you. So you were right in that sense. But the word inconceivable to describe a 6 point gain struck me as peculiar in the humorous way.

Anyway hopefully you and I will have many more inconceivable investment days ahead of us.