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

To: Charles Tutt who wrote (37330)	11/2/2000 6:11:10 PM
From: _warlock_	Read Replies (1) \| Respond to of 64865

All Im saying is that Im happy I exited about half my holding at close to 125 because of the high valuation and will return in at 65. insiders wanting out even here tells me they might share my same view now, as I did at 125. You can do 1 of 2 things for the most part, sell here, or get accustomed to stair stepping down (what we are seeing now) to a valuation more acceptable to the street. when that happens Ill jump back in with my other half. now is not the time.

To: Charles Tutt who wrote (37330)	12/20/2000 3:27:48 PM
From: _warlock_	Respond to of 64865

re: "You're going to have to do a whole lot better than that if you want the job as Thread Comedian." we are now $13 below the price i mentioned before ($65 pre split) -- when you made this comment about me. Is this your definition of "a whole lot better than that"? Be patient -- there is plenty more coming, and it aint up. $19 is the next leg, what job will i qualify for then?

To: Charles Tutt who wrote (37330)	12/20/2000 3:36:40 PM
From: DiViT	Read Replies (2) \| Respond to of 64865

More cost cutting ahead, Sun CEO warns in internal memo By Stephen Shankland Staff Writer, CNET News.com December 20, 2000, 11:45 a.m. PT Sun Microsystems chief executive Scott McNealy has told employees that the slowing economy will lead to continued cost-cutting and more circumspect hiring, but that the company will weather the current tech-sector storm. In an internal memo sent Tuesday and obtained by CNET News.com, McNealy boasted of growing market share, praised Sun's "stunning" revenue growth and denied reports of delays of upcoming systems based on its new UltraSparc III chip. But he also cautioned that an era of fiscal austerity has arrived for the Palo Alto, Calif.-based server maker. "We will have to adjust. We will have to respond to changing economic situations in our spending and hiring decisions. As the market sorts out its economic uncertainty, we will need to continue the cost controls we put in place this quarter," McNealy said. "Please don't let the wild market rides let us lose our focus." Cost-cutting memos are quickly becoming a holiday tradition in the high-tech world. Earlier this week, Microsoft CEO Steve Ballmer wrote a memo of his own calling for a more "cost-conscious culture." Though the often-colorful executive didn't have a Top 10 list handy, McNealy did pull out some of his trademark humor to defuse rumors behind Sun's stock plunge. One of Wall Street's perennial favorites, the stock recently hit a 52-week low. Continued... news.cnet.com