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

To: Charles Tutt who wrote (36091)	10/4/2000 9:58:36 AM
From: chic_hearne	Read Replies (1) \| Respond to of 64865

Charles, SUNW could have an absolute blowout quarter and give guidance better than currently expected. Then it could trade at $50 a share and still be overvalued. chic

To: Charles Tutt who wrote (36091)	10/4/2000 11:33:27 AM
From: JDN	Read Replies (1) \| Respond to of 64865

Dear Charles: I take heart in the fact that EMC is also down a like amount. IMHO these two companies represent the cream of the internet infrastructure plays. The fact both are down about the same indicates to me that people are somewhat frightened of the high PE's of both and are taking profits for the moment. Once earnings are released on both of them it will again refresh their minds as to WHY these stocks carry high PE's. Just heard a few minutes ago on CNBC also that no one has ANY IDEA why these two stocks are down, not even a rumor of a downgrade on either of them, so I think my theory has some weight. JDN