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

To: daddyo2 who wrote (41126)	2/11/2001 9:44:22 AM
From: im a survivor	Read Replies (2) \| Respond to of 64865

<<is a blip from some money manager guru which stated the fair value for SUNW is $21. This is when it was printing 32.>> First of all.....we know the games these "guru's " Play......secondly, make me a list of analysts and their predictions, but only include those that were correct. My guess is it would be a very short list. These guys upgrade when they wish to sell and downgrade when they wish to buy....this is no secret. Lastly, if sunw is worth $21 a share, then I assume, csco is worth about $25, intc about $10 and etc.......... Anyway, everybody has an opinion......how many people wish they didn't buy all these dot.bomb co's when boldgett was screaming buy at $150, only to see stock go to $1......why did I sell my sunw and intc 4 years, and many, many splits and dollars ago? Because the analysts at my full service broker said both were overvalued...same with csco.....do you have any idea how much money I lost out on by selling sunw, csco and intc 4 or 5 years ago?? Hell, I wanted to hold, but I asked myself " If I am paying for the advice of a full service broker, I should heed that advice, or why pay for it"...so I listened.....needless to say, last year, when I wished to sell my cmgi at $118 after it dropped from $200, my broker asked me why. I said I wished to lock in profits before they all evaporate. Well, she said since it was down almost in half, I should buy not sell, and they were very high on it coming back strong....so Instead of selling cmgi at $118, I bought more at $118, bought more at $100, as broker said $100 will be solid support...then bought more at $65, before finally sellling the whole lot at like $20 or $25 or something like that....needless to say, I maintain my acct with my fullservice broker, but transferred most assets to my online acct......... SUNW worth $21 a share....Heck, maybe it is, maybe it isn't.....I certainly don;t know, and my guess is the ANALyst from worth magazine doesnt know either.... but thanks for the heads up anyway...incidentaly...can you post a link to the article...if not, can you give a quick synopsis as to why he thinks sunw is worth $21 a share...all my claculations show book value much higher the stock in a very oversold condition...again, doesn't mean it wont go down more, but my guess is two years from now, sunw is higher then $35 a share.....opinions anyone? Lets here what everybody else thinks...how bout a price target for sunw on jan 1, 2003....I'll start, and be conservative and say $45 a share, although I think it could be over $100, IF naz comes back strong...if not, then $45 seems reasonable and fair for two years from now.....heck, she'll probably be back over $30 - $35 on a naz rally to 2900 - 3000....BWTHDIK Thanks again for the heads up

To: daddyo2 who wrote (41126)	2/12/2001 4:21:53 AM
From: JDN	Read Replies (1) \| Respond to of 64865

Dear Daddyo2: First, I would caution you about money managers. Have you ANY IDEA just HOW MANY money managers there are today?? I am sure that you could find estimates of "worth" all over the map on any stock. Second, "worth" like beauty is in the eye of the beholder. If you are a trader, certainly a figure in the low 20's would appear to represent VALUE since these people look for a quick gain. If you are a fundamentalist and a long term buy and hold investor looking to gradually build a quality portfolio of technology stocks I have to believe that any purchase of SUNW under 30 represents opportunity for above average gains over a period of time. From my viewpoint the dip SUNW took last week was indicative of the state of the market, the fact most people dont expect much to happen over the next two qtrs in technology in general thus a lack of "spirited" buyers in the sector. IMHO now is the time to begin to accumulate quality tech stocks not a time to sell them. JDN