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

To: E_K_S who wrote (30361)	4/9/2000 1:30:00 AM
From: Charles Tutt	Read Replies (1) \| Respond to of 64865

Thanks. I've been lucky. I guess I'd be willing to throw out a couple of numbers, although I doubt they'll be meaningful to anybody. I just finished updating my spreadsheet as part of putting together my taxes, and I calculate an average cost of $17.68/sh for the particular shares I'm still holding, ignoring wash sales. If I take credit for profitable sales, I calculate a negative cost of -$16.58/sh, again ignoring wash sales. I think the whole industry could be restructured within 5 years, so projections are impossible. Of course I'd like to see Sun at the forefront of whatever happens. These are exciting times for technology, and particularly for networking. I believe Sun's whole philosophy, and even its name, are bound up with networks, so I expect them to do well. Once every car, house, and person worldwide have multiple high bandwidth connections to the Internet, and the server power to support them, I might become concerned about continued growth. I've been accumulating more since the first of the year, particularly during last week's "event." I hope to let my kids (or perhaps grandkids, should I eventually have some) deal with any exit strategy. I think it's a fine company, and am glad I was lucky enough to stumble onto it as an investment years ago. It has changed my life. All JMHO, and not investment advice.