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


To: uu who wrote (34856)8/29/2000 3:20:46 PM
From: chic_hearne  Read Replies (3) | Respond to of 64865
 
Re: In any event, $200 billion may sound a lot to you today, but mark this post and come back to it in about 2 years from now (if not sooner). At that time the valuation of Sun will most likely be at around $450 Billion. Of course in the process you will lose quite a bit of money based on your claim of buying puts at today's prices, but I guess that can be considered as the price you have to pay in order to become educated how to invest in high growth dominant tech companies.

Addi,

Your ignorance is staggering.

Your failure to understand exponential growth in both stock price and earnings is going to get you killed in this market. I'm a math guy, I look at these kind of things.

I find it laughable you think I need an education in investing in high tech. This has truly been a bull market where everyone benefited, you're naive to think it will continue.

BTW- I didn't say I'm buying puts --- yet. I'll be sure to let you know when I do.

chic



To: uu who wrote (34856)8/30/2000 6:15:48 AM
From: JDN  Respond to of 64865
 
Dear Addi: I was thinking the SAME THING but didnt bother to post it. I remember a few years ago wondering why I bought SUNW and didnt buy more until I began to realize just what the buildout of the internet meant (2nd Industrial Revolution). I began buying more and more but my current average basis is 14 it could have been in the single digits had I realized earlier the opportunity. JDN