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


To: Charles Tutt who wrote (41433)2/21/2001 6:43:31 PM
From: Byron Xiao  Respond to of 64865
 
Charles, I am in pretty deep myself too.

I don't think it's time to buy. I will wait and see what they say on the conference call. The after market price of 18.94 reflects a PE of exactly 30. It seems extremely cheap, but I doubt those who are selling today even look at the PE or PEG. And I doubt the people tomorrow or Friday look at those numbers either. Fear is taking over, and any buy will just trigger a massive amount of sell.

We need to focus on the long term picture. Is Sun's current problem due to the economic downturn? It's pretty obvious that the answer is yes. Will it be the first stock to go up when the economy turns around? I am not sure. But I am not expecting any return in SUNW in 6 months. I think it's going to be dead money for a while. Don't rush to buy yet.



To: Charles Tutt who wrote (41433)2/21/2001 6:44:52 PM
From: Charles Tutt  Respond to of 64865
 
I just noticed something. That graphics says "all versions" (of NT and Win2K) -- so it's apparently not limited to the "Server" versions. How to lie with statistics?

JMHO.

Charles Tutt (TM)



To: Charles Tutt who wrote (41433)2/22/2001 1:07:12 AM
From: Luce Wildebeest  Read Replies (1) | Respond to of 64865
 
Charles when you've got the dialogue down for convincing your wife let me hear it first. I'm working on draft two as we speak on how to get my wife to allow another purchase as I think we'll bottom sometime tomorrow before the cc. I think high 17's low 18's that's where I want to average down Long term of course. Good luck.