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


To: Tecinvestor who wrote (29214)3/21/2000 10:58:00 AM
From: Steve Lee  Read Replies (3) | Respond to of 64865
 
Re: "SUNW holding up very nicely in this choppy market. As soon as this market firms up a bit, I'm looking for a pop to the $110 range and a split announcement. Any comments?"

My comment - unlikely. Based on stock action I reckon it will trade between 95 and 88 for a few days before heading for high 70's. Will reevaluate after that. Will still be overvalued in 70's on fundamentals. The question then is whether valuation will readjust further downwards to meet fundamentals, or if stock will stay stagnant for a couple of years whilst we see if the fundamentals catch up.

This opinion is based on my readings of stock action and the state of the industry. No hurt is intended to anybody. I am neither long nor short SUNW. I welcome any criticism whether constructive or not. Apologies to the more sensitive thread members if this opinion does not agree with your own.



To: Tecinvestor who wrote (29214)3/21/2000 11:48:00 AM
From: JDN  Respond to of 64865
 
Dear Tecinvestor: I am not a trader but thinking back the past month or so SUNW must be a traders delight. Up a couple points, then down a couple points then back up again. I myself am getting seasick. But I can see where one adept at this could make a couple percentage points a day trading this stock. JDN



To: Tecinvestor who wrote (29214)3/21/2000 6:03:00 PM
From: Mephisto  Respond to of 64865
 
[Any comments?

Yeah! Lots of people like SUNW.

Sonki, proposes a get together between July 5 - July 9.

We chat about the get together at a place called TAKE IT OFFLINE.

I'll have to send you the URL.

It's kind of weird. Always, I want to hit 'Respond' to a message that someone sends me. Unfortunately, you have to respond to the TAKE IT OFFLINE BOARD or your message will be sent to the system administrator! (ggg).

After you type your response, it is sent to everyone. You close the Take IT Offline Browser and you are back into your own E-Mail account.

Hubby is very excited about Sun meet especially if he gets a chance to tour Sun facilities!!!!

Cheers,

Mephisto