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


To: High-Tech East who wrote (48100)4/7/2002 1:44:41 PM
From: QwikSand  Respond to of 64865
 
Ken: Thanks for your concern. I was fortunate enough to have liquidated most of my SUNW position during the (on average) good times. The shares I hold are more for old time's sake than for investment purposes. I'll never sell my current holdings, but I certainly haven't bought any for a long time and never will again. Unless you're trading, I'd be pretty careful about buying it when it hits $5.75.

BWTFDIK.

--QS



To: High-Tech East who wrote (48100)4/7/2002 1:52:37 PM
From: cfimx  Read Replies (1) | Respond to of 64865
 
who would a thunk that here we are, four and five years together, and KEN finally agrees with ole room222, that suncom is head to never never land. welcome, KEN. what took you so long?



To: High-Tech East who wrote (48100)4/7/2002 2:07:59 PM
From: Charles Tutt  Read Replies (1) | Respond to of 64865
 
I can only speak for myself. Most of my SUNW shares are in IRAs, and the margin debt in my non-IRA account is down substantially from what it was (although I still have some). If I get driven out of a few shares by margin calls in the next few weeks or months, c'est la vie. I've got a tax refund and a class action suit settlement coming, and plenty of credit capacity, with no big bills on the horizon, so I'm not too concerned about cash.

Eventually (who knows when?) I expect Sun to start growing revenues again. With the new, leaner cost structure, I expect revenue growth to impact the bottom line dramatically. Y/Y comparisons can hardly help being favorable. Then we could see some good moves in the stock price. I've got time to wait.

But thanks for your concern. I do think we need to throw a few Grand Old Pessimists out of office before things get going, but an election is coming.

JMHO.

Charles Tutt (SM)