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

To: Haim R. Branisteanu who wrote (35606)	9/20/2000 11:34:46 AM
From: Roads End	Respond to of 64865

Haim..re >>IMHO SUNW has peaked from a price perspective and the latest acquisition of CBOLT only proves that SUNW management think they have a way over valued currency. << The overvalued stock price is what only makes it look like Sun paid too much for Cobalt. You are exactly right.

To: Haim R. Branisteanu who wrote (35606)	9/20/2000 11:40:27 AM
From: Lynn	Respond to of 64865

Dear Haim: This statement of yours is wrong: "during one week insider sold over $120 million worth of SUNW shares." The selling I see from the URL you provide is options related and as such, very normal. The total proceeds from these options sales does not nearly reach even $100 million [it's closer to $60 million]. Although Ed Zander did exercise then sell options for 100,000 shares, he also bought and kept 50,000 options shares. Proposed sales don't count as sales. Neither does giving shares as a gift. Take another look: biz.yahoo.com Regards, Lynn

To: Haim R. Branisteanu who wrote (35606)	9/20/2000 12:54:24 PM
From: QwikSand	Read Replies (2) \| Respond to of 64865

Haim, my favorite part of your message is the "no response necessary", which basically says, "What YOU say is useless chatter, but what I say is worthwhile wisdom." Well, the last time you posted a message like that on this board ("This stock's going down, it's obvious from the optimism on this board, let's talk again in nine months, no response necessary") and then in nine months the stock more than doubled, we got to see who the purveyor of "useless chatter" really is. An absolute dollar figure of insider selling of a highly-valued stock is of no interest. When these guys have this much money tied up in one highly-valued security and they DON'T sell some to diversify, they're crazy. Who cares if they sell? It means nothing. I sold a little too at 127. The percentage of their holdings sold would be of more interest. How much did they keep? How many options are they going to vest next quarter and next quarter? How many options would they have LOST if they don't exercise them? I assume a sophisticated fellow like you is aware that most options expire after 7 or 8 years, and unlike their competitors, SUNW's managers are long-timers with the company because unlike their competitors, they don't get fired for poor results. You're really right, no response was necessary to your statement because of its utter lack of substance. Let's talk again in nine months. --QS