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


To: cfimx who wrote (45449)9/20/2001 8:59:29 PM
From: sea_biscuit  Respond to of 64865
 
Addi has promised that he will average down all the way. During April 2000, he was saying that the Nasdaq was undervalued. So he must be feeling like a kid in a candy store right now! ;-)

Talk about making a small fortune in stocks -- by starting off with a large one! :-)



To: cfimx who wrote (45449)9/20/2001 10:21:37 PM
From: Charles Tutt  Read Replies (2) | Respond to of 64865
 
Actually, I don't think you've done quite as well as you think:

quote.yahoo.com

JMHO.

Charles Tutt (TM)



To: cfimx who wrote (45449)9/21/2001 2:41:46 AM
From: uu  Read Replies (1) | Respond to of 64865
 
Dear twister:

> selling my msft and buying suncom back in late 1996

Never mind the fact that you - as always - misrepresenting the facts and have no clue what you are talking about, lets examine your above statement!

Based on what you mean by late 1996 by lookin at the price of both MSFT and SUNW one can safely conclude that one's return on SUNW would still be more than MSFT (as of today's closed price).

Just for fun lets take the worst case scenario.. lets take December 20, 1996.

On that day MSFT closed at $20.9/shr, and SUNW at $3.69/shr.

Your return at the end of market close today (with MSFT at %0.76/shr, and SUNW at $8.47/shr) would have been:

SUNW: +44%
MSFT: +41%

Assuming you do understand split adjusted prices, etc. etc. etc.

However and again never mind the fact that no one (at least not I) ever stated to sell your MSFT shares and buy SUNW. In fact if I remember correctly I did repeatedly state to be invested in both SUNW and MSFT. I did sell all my SUNW shares by the end of 1998, but have continued to hold on to my MSFT shares. I did buy back a bit of SUNW earlier this year and sold them with a bit of loss a few months ago.

Anyway, no response is required or needed! :)

Sincerely,