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

To: JC Jaros who wrote (30937)	4/16/2000 12:03:00 AM
From: fuzzymath	Read Replies (2) \| Respond to of 64865

You own only (or primarily) SUNW? Hmm... I'm trying to think what I would do if I was limited to a choice of owning just one stock. SUNW is one of the best choices I can think of, in terms of who, over the next 10 years, is best positioned to extend market share and experience continued reliable growth, enhancing established industry leadership. Question: by cost averaging do you mean you just buy at pre-set price levels, both on the way up and on the way down? I'm pretty sure I can prove that this is really no more profitable than simply buying on a fixed time schedule (say, on the first trading day of each month). And I think I can also prove that neither of these methods is really any more profitable than random purchases (which is the equivalent of you saying you'll put money into SUNW whenever you have it available). The key to all 3 methods is that you buy no matter what the market is doing, you're not buying on emotion or greed or because you saw a big headline so you mortgaged your house and pumped it fully margined into a "hot" market. Therefore, you won't buy high and sell low (a terrible long term strategy!). SUNW has held up well on the great profits. At $75 it's about where it was in early December. But what about Monday? SUNW people are calm because at $75 they've still had a great ride and the earnings keep the outlook bright. I'm calm because I've been mostly on the sidelines watching. But the guys who mortgaged their houses and went in fully margined? What will they do Monday? Kevin