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


To: High-Tech East who wrote (42535)3/29/2001 1:24:51 PM
From: chic_hearne  Read Replies (1) | Respond to of 64865
 
Another way to look at history would be to take yesterday's price of $15.75 with a 12 month trailing P/E of 25 and proportion the price to the P/E of 17 four years ago. That number is $10.710.

And when earnings come in lower than the previous year the next few quarters, it will look much worse.

Book value Cometh.



To: High-Tech East who wrote (42535)3/29/2001 3:23:22 PM
From: JDN  Read Replies (1) | Respond to of 64865
 
Hey Ken: I dont think it can go MUCH lower (gg). OK, for youse people who bought at $60 here is my advice----
buy SUNW now at todays price (lets say $15 for a round #) 31 days from now SELL your stock in equal amount that you bought at 60. Lets say its still 15 then. Capital loss is 45. This will reduce your out of pocket cost by say 25% (I dont know if you are short term or long term) if you have Capital Gains. If no capital gains, you get to use 3,000 of your loss times your effective rate (lets say 30% for round numbers) or a $900 check from UNCLE SAM. Thats better than the lousy $300 the Dems want to give you--so, am I your next candidate for President??? HAHA. jdn