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


To: LLCF who wrote (42108)3/15/2001 11:32:01 PM
From: Prognosticator  Read Replies (2) | Respond to of 64865
 
Current stock price: $18, last years earnings .63, return on investment per share (assuming management isn't stealing from the bank accounts): 3.5%. Current FED interest rate: 5%. Conclusion put your money in the bank right?

But what if they are growing (they are), and what if the fed rates drop (they will). Investing is not rocket science, but some people think it is. I have done rocket science, and guess what: rocket science isn't rocket science, but most people think it is.

P.

Please note: I am not justifying the price that SUNW reached earlier this year, that was too high by any measure unless you believed 60% earnings growth was sustainable. I am analyzing the situation as it stands today and making my own decisions.