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

To: im a survivor who wrote (42339)	3/24/2001 11:58:58 AM
From: uu	Respond to of 64865

> what I do know is SUNW is a solid business that in the long run, is not going anywhere. Absolutely true. This is a solid investment that in the lon run (defined by people differently. I define it in terms of 2 to 3 years). SUNW will no longer have P/E of 40+, or even 30+ IMHO of course. It will grow, but because of the business realities of the Internet and the fact that the growth for having such business entities on cyberspace will mature, its growth will be in the range of 15%-25% (which is still very impressive). 2 years from now one can safely assume SUNW will be in the mid to high $30's (and that is an average of 50% gain on your investment on an annual basis). However people have to understand that SUNW can not possibly go up the way it did during 1997-2000 for which the realities of its business model have (or soon will) hit the investment community.