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

To: chic_hearne who wrote (38719)	12/8/2000 2:42:33 AM
From: QwikSand	Read Replies (2) \| Respond to of 64865

All right, let me spell it out for you. There are two points to be made. First of all, I think the slowdown in PC sales will affect tech stocks in general and Sun along with it for some period of time. That is the main point I was trying to make. I do believe the U.S. (and the world) is entering a recession that will slow the earnings growth of all companies, Sun included of course. I tend to think the Fed has a huge amount of influence over how deep this recession will be and how long it will last. I know many others disagree. As to the slowdown in internet growth, apart from possible but unlikely near-term fluctuations, I don't think you have the vaguest, teensiest clue what you're talking about. The internet is still on the same curve it has been on, doubling or tripling the number of users (depending on who you listen to) every few months, and I have absolutely no reason to believe it has even scratched the surface yet, or that its growth is entirely or even mostly dependent on the sales rate of desktop PC's. Nonetheless, how many internet nodes are in China compared to how many there will be in ten years? Also, given enough bandwidth the Internet could enter whole new realms of content delivery that demand whole new orders of magnitude of servers without a proportional change in the installed base of PC's domestically. If we're talking about short-term stock price fluctuations, we probably somewhat agree. If we're talking about growth of the internet, and the demand for Sun products that growth is entirely certain to bring with it, I don't think we're on the same planet. --QS