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

To: limtex who wrote (44415)	8/9/2001 7:49:34 PM
From: High-Tech East	Read Replies (1) \| Respond to of 64865

<<Roughly how many unemployed to you expect to see as through the end of say 2002?>> limtex, probably the most important question that might be asked ... unfortunately, I have no idea ... two things though ... (1) the more investors are concerned about losing their jobs, the closer we will be to the end of this mess, and ... (2) I think this will be a long, but shallow recession or adjustment to the excesses of the late 90s ... so employment, hopefully, will not hurt so many, as it will slow all of us down for a while. I have made some pretty accurate market and economic calls in the last year and a half, but I am way overdue to be completely wrong, and probably more than once or twice ... if you are not already, you will all probably be laughing pretty good at me before long. In the long run, I think it would be healthy (although painful) to wash a goodly portion of the complacency from minds of the average investor ... unfortunately, that will not happen without considerable pain. If Abiomed had implanted the first total artificial heart in the first patient in July, 1999 or July, 2000 instead of six weeks ago, instead of sitting on a 17.4% loss on my large position, I would probably be celebrating ... so making mostly the right calls is no more important than having the patience to wait for them to happen. Before I completely bore you to death, I will close by remembering that in October, 1998, I was even on my money in Sun Microsystems after holding it for 17 months ... yet, by January of 2000, I sold it all for perhaps the most important individual financial event of my life. The question for all of you long-term SUNW stockholders, especially those of you who have held onto all of it through the huge drop of the last 12 months ... where is SUNW going to be in both revenues and profitability in say, 3 to 5 years ... and is there a solid opportunity to recapture all those gains and more? I have sure been very fortunate to date ... and I am thankful for that. Good luck. Ken Wilson