Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Myer who wrote (41738)	3/2/2001 10:30:44 PM
From: Charles Tutt	Read Replies (3) \| Respond to of 64865

I am long SUNW and have been for about 10 years. But despite that history I still can't tell you the timing of the recovery. For that you need a psychologist, because the crisis we're in is one of confidence -- there's little confidence in the future among stock buyers right now. I think you are right, though, in connecting Sun's recovery to that of the economy, because the economic crisis is also rooted in a lack of confidence -- who will buy a new car if they aren't confident they will keep their job? Some people here hate it when I blame that lack of confidence on the change of administration, but if America were brimming with confidence in the new guys, I doubt we'd be where we are. In the long run I am confident we will do just fine. I even bought some stock today (although not SUNW -- I've already got tons of that). Maybe others like me will begin to generate some optimism, buy some stock, and we can escape this funk. At some point I might even use some of my margin "buying power," but not yet; Schwab is paying ME interest for a change. All JMHO, of course. Charles Tutt (TM)