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

To: Lynn who wrote (24120)	12/6/1999 7:37:00 PM
From: Alok Sinha	Read Replies (1) \| Respond to of 64865

Dear Lynn, I do not disagree with anything you said. But one has to keep valuations in mind during investing. SUN is a must hold if you believe in the growth of the Net. But it pays to be cautious - esp. when the market leadership is so narrow, the net bubble is balooning and momentum traders are ruling the roost. SUN, CSCO, EMC etc are all up about 50% in one month (QUAL even more). History tells us that speculative binges have a bad ending - right now it is what is popularly been called B2B, since the market has figured out that consumer don't wan't to pay for the conveneience of doing anything over the net. I am certainly not bearish (wrong time of the year for that), but it ceratinly is prudent to lock some profits through covered calls. Regards Alok

To: Lynn who wrote (24120)	12/7/1999 5:56:00 AM
From: rudedog	Respond to of 64865

Lynn, JDN, and any others who think I have any investment savvy - here's a cautionary tale. I started buying SUNW in 1987 - I was working with the company pretty closely and I liked their style. I added to my position throughout the late 80's. I developed a pretty significant holding which I sold in late 1995 since I thought Sun had pretty much flattened out, was caught in an industry which would be eaten by WinTel, and much as I liked them I needed to put my money to work... Just before the Java craze really caught on... So take any investment advice I give with a grain of salt, I'm a better engineer than I am an investor. Lynn, nice post on the "millennium effect".