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


To: Charles Tutt who wrote (42852)4/9/2001 4:45:25 PM
From: QwikSand  Respond to of 64865
 
Looks like we're going to get a crack at single-digits after all. Too bad there's no way to carve this lesson in stone so that future generations don't need to learn it yet again as we did.

--QS



To: Charles Tutt who wrote (42852)4/9/2001 4:45:34 PM
From: Brian Sullivan  Read Replies (2) | Respond to of 64865
 
Yes, but Microsoft has multiple products and SUNW only has one product. That is why bugs in it are more serious. Plus hardware is harder to issue a patch for than software.

Easter's coming and the saying is don't put all of your eggs in one basket. (like SUNW).



To: Charles Tutt who wrote (42852)4/9/2001 5:09:27 PM
From: DiViT  Read Replies (2) | Respond to of 64865
 
As usual Charles you're quick to put up the deflectors.

Go ahead, deflect this:

Shares of Sun Microsystems (SUNW: news, msgs, alerts) remained in heavy demand in evening trading, after a trading day that saw shares hit their lowest points in two years.

Shares hit $12.86, a penny above the two-year low hit earlier in the session.

Analyst Rebecca Runkle at Morgan Stanley says the stock "still appears expensive" on many traditional valuation measures.

Runkle pointed to the glitch that the company found in its new UltraSparc III chip last week, which potentially affects its latest line of workstation and low- and mid-range server products.

Separately, an article in the Wall Street Journal suggested that there was still hope for the Linux operating system, reporting that IBM saw Linux as a weapon against rival systems from Sun and Microsoft

Shares finished Nasdaq trading at $13.04, but moved hands at $13.14 after hours.