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

To: Prognosticator who wrote (42103)	3/15/2001 10:51:26 PM
From: chic_hearne	Read Replies (1) \| Respond to of 64865

So what about retained earnings and assets? Those paper things are not called 'shares' for nothing. You mean all 3,000,000,000 of them? To put that in context, about one for every household in the WORLD.

To: Prognosticator who wrote (42103)	3/15/2001 11:17:11 PM
From: LLCF	Read Replies (1) \| Respond to of 64865

But lets say they make $1 a year or a bond pays you $1 a year, do you buy shares and hope management doesn't piss your money away? Or buy the bond which they are obligated to pay coupons on?? Of course the shares aren't worthless if they're making money, someone would do an LBO or whatever [ie. turn it into a bond] if it got cheap enough. But your assertion that SUNW is priced as if it won't grow makes no sense.. what did they make .63 for the year? Besides, there's a chance they could be losing money hand over fist before this is over. DAK