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


To: cfimx who wrote (38900)12/11/2000 10:20:24 AM
From: Harry Soin  Read Replies (1) | Respond to of 64865
 
What would be a fair PE for this stock ?

Barring Earnings shortfall, it should hold$35. ie PE of 58 or so.

JDSU / CIEN still have multipless over 120

Any thoughts ??



To: cfimx who wrote (38900)12/11/2000 10:39:48 AM
From: Tony Viola  Respond to of 64865
 
Goldman, words, not rumor or downgrade. Maybe Sun will now see the cacophony somewhat like semis saw starting this past June. from Briefing:

08:35 ET Sun Microsystems (SUNW) 38 15/16: Goldman Sachs expects stock to remain under some near-term pressure as market focuses on a growing number of uncertainties in the macro environment. Although expects SUNW to make its qtr, firm believes it is now less likely that SUNW will exceed those numbers, at least through the March qtr. Still views SUNW as offering a favorable risk/reward over an intermediate time frame.... SUNW shares trading at $40 7/16 in pre-market.