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


To: Thomas Mercer-Hursh who wrote (29221)3/21/2000 12:47:00 PM
From: Steve Lee  Read Replies (1) | Respond to of 64865
 
I covered that in the post you are responding to!

"SUNW can maintain revenue growth from other high margin ventures but these are not going to ramp sufficiently until earnings have already been hit from price pressure in their main product offerings. During that gap in earnings growth, this 100+ PE stock is going to get a haircut."

A high PE stock can keep going on hype about future growth for so long. One bad quarter, or rather, one not excellent quarter and the trip to reality is a long way down.