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


To: Charles Tutt who wrote (41421)2/21/2001 5:20:12 PM
From: Charles Tutt  Read Replies (1) | Respond to of 64865
 
I've just been looking at the '90-'91 recession (you know, the Bush Sr. one) in an old Value Line. From its peak in mid '90 to its lowest point in late '90, SUNW dropped about 60%. By the time the recession had ended in mid '91, it had regained all that value (although it declined again in late '91). Revenues and earnings rose YOY in each quarter (Q1-Q4 of fiscal '91) through the entire recessionary period.

Bet you didn't know that. <g>

Greenspan has been revered as a god, but he risks going down in history as being the person (with a little help from Bush Jr.) who precipitated the Second Great Depression unless he is able to somehow overcome the current irrational pessimism. I think I read on the MSFT thread that an emergency Fed meeting has been called. We'll see what comes out of that.

JMHO, and not investment advice. Do your own research and form your own conclusions.

Charles Tutt (TM)



To: Charles Tutt who wrote (41421)2/21/2001 6:07:29 PM
From: Brian Sullivan  Read Replies (4) | Respond to of 64865
 
Charles and JC Jaros

Windows 2000 is the number one business OS. SUNW had a run of it the last two years with their sales to the dot bombs via the Silicon Valley club Venture Capitalists insisting that these rookie companies buy their big iron from SUNW, but now it's all up for resale at the dot bomb garage sale.

And what worse is that SUNW major customer area is the telco / ISP area making up about 25% of SUNW total sales and one thing that we know for sure is that telcos and ISPs are shelving any large capital expenditures for 2001.

It sure is fun to see Scot McNealy get high sticked by ecomonic reality.

Here is an article on the Win2k adoption rate:
infoworld.com

After hours quote for SUNW 18.88