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

To: Steve Lee who wrote (29213)	3/21/2000 10:52:00 AM
From: Greg Jung	Respond to of 64865

Steven, I do not gloat at your losses, but I poke fun when I can at displays of market bravado. And please don't give me exit/entry or any other tidbits, how much you lost (or not) is not of concern to me - only that your examples + your desire to "establish credibility" with SUNW advisors are easily crushed in a mild correction period. Two big winners in the internet game won because internet companies are losing big bucks, hand over fist, so to speak. Funding source is of course the stock bought at IPO and secondaries + a little bit of venture cap. Stocks zoom up and they can get even more money to lose for an extended period. Who do they lose it to? Those companies make money and are doing well and also have expanded PEs. SUNW and ORCL. When/if the internet bubble bursts these will again have difficulties but meanwhile there is still a lot of cash to burn.