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

To: JDN who wrote (33786)	7/21/2000 8:45:10 AM
From: Lynn	Read Replies (1) \| Respond to of 64865

Thread: "Sun is becoming the new IBM," according to Steve Milunovich. Here are ML's comments on SUNW from their, "Morning Notes Summary." When Steve's full research report in posted, I'll share sections here. Sun Microsystems (SUNW, $98 1/16, B-1-1-9) Raise FY01E from $1.20 to $1.30 Stellar Quarter Sun significantly beat estimates with revenue up 42%, orders rising 54%, and EPS of $0.39. The results suggest that Unix server growth across the industry is accelerating due to the Internet buildout. Sun is becoming the new IBM. Management increased its revenue growth forecast from 25% to 30% for F2001. We have increased our estimate from $1.20 to $1.30. F1Q results should be strong at $0.24 with revenue down sequentially less than normal thanks to the large backlog. We are increasing our price objective to $125 or 96X EPS. We think tThe risk is that earnings growth will decelerate in the second half of the year. (S. Milunovich) Lynn P.S. JDN: Only "7" figures (let me see... maximum = $99,999.99) and you are retired? No wonder your wife still works!!

To: JDN who wrote (33786)	7/21/2000 1:32:43 PM
From: Robert Griffin Gregory	Read Replies (1) \| Respond to of 64865

JDN, I agree that SUNW is early in the game, the Internet game, that is. I look forward to adding to my paltry shares, and achieving this dream, my own 7-figure portfolio. I BELIEVE it will happen, as i also hold Palm, another company that I believe has Microsoft-esque potential (meaning it has the dominant OS for PDAs, and thus accrues all the benefits of being "king of the hill"), and I'm quite involved with a semiconductor manufacturer in the wireless sector, Triquint Semi. Add to this my only other position, Advanced Fiber, a stock of great promise and value (I listened to the CC, and it was only a shade less enthusiastic as that of SUNW), yet one whose stock price is not responding accordingly. Look forward to reading your and others comments as we follow SUNW for the next several "innings." Griff