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

To: fuzzymath who wrote (24768)	12/15/1999 1:00:00 AM
From: JC Jaros	Read Replies (1) \| Respond to of 64865

Hi Kevin- First of all, let me say that you're all the way through the hazing now and you are an official SUNW Threadie. I'm sorry I was so mean and nasty before. I can see that you're not the spam that your first impression bounded in with. -- Let me suggest to you that the very best way to make money (at least on paper) with SUNW is to 'buy and hold'. Having watched the performance of various posters to this thread over the past several years, I think I can say with certainty that the guys who trade in and out don't do nearly as well as the guys (and gals) who do nothing it all. -- Now, Charles has mentioned previously in so many words that there's an existential element to trading. That is, 'I trade and therefor I exist'. When buying and holding, you could be DEAD and doing as good of a job. In fact, dead people may outperform live people on average. Note: Not meant as Kervorkian Method investment advice. -JCJ

To: fuzzymath who wrote (24768)	12/15/1999 11:02:00 AM
From: jim kelley	Read Replies (2) \| Respond to of 64865

Fuzzymath, Predominately selling is taking place at the bid price. Support is weak in the 71 and below area. Neither the market or any company specific news supports a recovery from this level or below in the near term. The stock has not bottomed yet and the odds are that it will reach the mid 60's by Friday. It has been priced like Pet rock. The stock is overpriced on a PE, PEG and cashflow basis such that its future earnings are absorbed on a fundamental basis for 3 years into the future. I'm up 60% in two days. Timing is everything. :)