SI
SI
discoversearch

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: Tecinvestor who wrote (24184)12/7/1999 10:56:00 AM
From: jim kelley  Read Replies (4) | Respond to of 64865
 
If you want to be taken seriously, you should learn to read with comprehension and avoid misstating my position.

Clearly, SUNW's run up in stock price is based on MOMENTUM and NOT on the company's fundamentals of revenue, earnings, cash flow and the growth rates of same. It will take many years for SUNW to grow into its stock price with solid fundamentals.

Were this decoupling between the stocks price action and the company's fundamental prospects to continue, the stock could well see $190 per share in the new year.

If you believe that this trend will continue for even another month you should hold your shares tightly. If you believe that this trend will end with the split you should be capturing your profits. In choosing your belief, ask yourself, would you invest new money in a stock that has run up this high on momentum?

Last time there was a split in SUNW stock it fell from 72 to 48 dollars a share within 6 days. That is a fact!
Some people have said that this also happened to EMC and therefore had nothing to do with SUNW but so what the stock still fell like a rock.

You will have to take responsibility for your prediction on what will happen with this stock.

I will ignore your other extraneous remarks...