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

To: quasi-geezer who wrote (47443)	2/18/2002 12:10:52 PM
From: im a survivor	Read Replies (3) \| Respond to of 64865

<<I think SUNW starts to look attractive below 9 bucks, what do you think, dude ??? >> I think if your patient, thinking long term, and are prepared for sunw to maybe go to $5 as a possibility, Then yes, I think SUNW is attractive in the $5 - $10 range for a long term hold. My hope is they make some inroads into storage which is only going to be a stronger and stronger sector......no matter how bad the economy gets, there will always be more data that needs to be stored.....if SUNW can offer an affordable product in this area, I think it will do wonders for them, and they said storage is a sector they will be paying special attention to.......additionally, I still think it's a solid company with solid management......it's just caught in a .bomb explsion that killed many.....but my guess is sunw will survive, and eventually prosper........just dont know when <ggg>...I also look at it like this,,,,,,lets assume sunw comes down and hits $5 - $7 which is very probable.......most fols expect what kind of returns from the market...10%, 15%, 40%??...well sunw could sit dead for 4 years and in year 5 go from $5 to $15 in a week, which would be 200%, or 40% a year...and thats if sunw sits dead for 4 years .......and honestly, I dont know when the market gets out of it's funk, bt if sunw hits $5 - $7 which is very probably, ny guess is sunw will see 100% ROI back to $10 - $14 long before the major indexes see a 100% gain.......so, sunw, could sit dead for awhile and still reperesent a good ROI long term.....or it could go up 100 - 500% on a 25% - 50% naz rally...or it could file chapter 11 and screw alot of shareholders.......I hope chapter 11 is not the case, and thats why I am not selling my sunw, and will add if $5 - $6....maybe $7, gets here........JMOOC