Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Alex Chun who wrote (23519)	11/29/1999 12:36:00 AM
From: Charles Tutt	Read Replies (4) \| Respond to of 64865

It's a tough question. SUNW is fairly rich by historical standards, looking backward. However, there are some things going on that are very hard to value, and require some degree of prophecy. For example: a) Sun reportedly has been having discussions in China and elsewhere worldwide, introducing the possibility of whole new markets; b) The UltraSPARC III should appear fairly soon, and could spur sales; c) Solaris 8 should ship fairly soon, and could spur sales; d) Ubiquitous computing with Internet access devices other than PC's seems to be arriving in a big way (and requires servers); e) The competition seems to be falling away (both Unix and Wintel); f) Consumer E-commerce may be taking hold, and business-to-business almost certainly is; g) The world's economy seems to be recovering; h) Y2K will soon be behind us, thus resolving that uncertainty; i) The market has been good enough this year that I don't expect huge amounts of tax-loss selling, and much of what will occur may already be behind us; j) Sun has announced they're increasing StarFire build capacity; k) There are rumors that Sun is running ahead of plan for the quarter. There are probably others, but these come quickly to mind. Each could contribute to or help to maintain SUNW's value; I believe a few of them have the potential to make SUNW at current levels look dirt cheap. Sun's market cap is still small compared to some of its peers, and I think it could continue its run. Nothing is certain, though! A pause at some point wouldn't surprise me. Besides, nobody got a hole-in-one the other day, so Sun didn't have to ante up the million bucks! JMHO, and not investment advice. Do your own research and form your own conclusions.

To: Alex Chun who wrote (23519)	11/29/1999 12:52:00 AM
From: JC Jaros	Respond to of 64865

About my original question, are you able to state a price for SUNW that is too high, or not? Or, to cast it in your terms, based on Sun's future prospects, what do you think a too-high valuation is for SUNW? I believe SUNW is in a hypergrowth period. I anticipate the market capitalization will double in a short period of time. I don't anticipate SUNW ever being 'too high' in my mind. I don't do sell side analysis on SUNW. I have yet to meet anyone who bought SUNW too high. Certianly you did whatever you needed to do to be prudent Alex. I didn't mean to imply anything. What do I know about your investment style? Qwiksand is suggesting Dodge Vipers for all ...and automatic pistols. Charles and I and a few others on the thread are over two thirds SUNW concentration without consideration to diversification. A lot of prudently minded people might think that's just nuts (especially the Viper and pistols thing). I'm not morally offended or anything that you sold SUNW shares. I can appreciate your dilemma. :) -JCJ