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


To: uu who wrote (34843)8/29/2000 12:55:54 PM
From: chic_hearne  Read Replies (3) | Respond to of 64865
 
Re: Your profile indicates that you are 23 years old and graduated (or graduating) from University of Minnesota. That is my school too! I graduated in 1984 from U of M when I was 23, and as I recall at the time I had a totally different attitude toward investing compare to now as I took investing so personal and emotional instead of basing it on strict business fundamentals! I learned in time that when it comes to investing you need to go with the fundamentals and forget about other matters.

Addi,

I graduated from a state school, not U of M.

There's no fundamental reason for this company to be worth over $200 billion dollars and trade with a P/e of over 100. I think you're the one that needs to go check your "fundamentals".

But I just want to make one really friendly word of advice, if you are interested in making money and if you are looking at SUNW, dont fight it! The best approach would be to take a long position in the stock and just forget about everything else. It is never too late to make money!

I'm going to make a killing off of this stock by buying puts. I'll be sure to let you know. This overvalued stock has a long way to go down.

Just where is that Ultra Sparc III?

chic