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

To: Prognosticator who wrote (39555)	12/21/2000 6:32:14 AM
From: Steve Lee	Read Replies (3) \| Respond to of 64865

1000 -> 2300 in 4 yrs is only 23% annualised. That is not excessive for a period in which many companies were doubling earnings each year. In fact, I would say we are undervalued at 2300 today compared to at 1000 4 yrs ago. Of course there are still many stocks that are overvalued and the AMZN's of the world need to follow ETYS into oblivion before the bubble has truly burst. But there are many good stocks now which are undervalued on fundamentals. SUNW is not one of them, but it is back in the realms of reality and its haircut is over.

To: Prognosticator who wrote (39555)	12/23/2000 10:16:29 AM
From: Yaacov	Read Replies (3) \| Respond to of 64865

Read your analysis! What School of Economics you came from? You can't turn the clock back 20 years. This is a mini-cycle! Feds are alert, and not as stupid as you think. They have been given us for 7 years of growth, where investors made plenty of money! In Jan. there will be a new leadership that is market friendly! We will have a couple points rate reduction and the economy will shift back to growth! Before then there maybe a few market declines, but I doubt we drop below 2300, or go back to 1000 as you propose.