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


To: Charles Tutt who wrote (48161)4/10/2002 12:59:59 PM
From: Bald Eagle  Respond to of 64865
 
RE:SNE, SLB, and GE

I doubt that SLB will want to buy SUNW, they're still digesting SEMA.



To: Charles Tutt who wrote (48161)4/10/2002 1:20:41 PM
From: Bald Eagle  Read Replies (1) | Respond to of 64865
 
Is this good news? Well, surely, it's not bad news!:

Rating reiterations for April 10 from Briefing.com:

Company Symbol Brokerage Firm Reiteration

Sun Microsystems SUNW Robertson Stephens Buy



To: Charles Tutt who wrote (48161)4/10/2002 1:25:21 PM
From: QwikSand  Respond to of 64865
 
You've been negative on it for quite a while.

The stock has been in a downtrend for quite a while, and the company hasn't been making money. I got spoiled by years of earnings growth. I also am very tired of the happy-talk machine's daily babble about the economy improving when I don't think it is.

You know well that it's not that I want to be negative, or that I'm an imbecile MSFT supporter or anything like that. It's just that I can't see the pony any more. I see Linux and now potentially Hammer as being major issues that Sun will have to deal with, even neglecting the economy in general and any Windows incursions into its business. The collapse of HWP/CPQ would have been a good competitive development a while back, but now there are too many other negative factors to celebrate it. The IBM-EMC-NTAP etc. situations are anything but a good sign.

I hope you're right about earnings improving. That's what it's going to take. If the economy turns up in a big way, as the financial-industry pitchmen have been monotonously predicting for 18 months, and Sun could start growing again, it would be one thing. But I see NO sign of that, quite the contrary, and there's only so long that a company like SUN can go on with negative or negligible earnings before something big has to change.

--QS



To: Charles Tutt who wrote (48161)4/10/2002 1:26:49 PM
From: JDN  Read Replies (1) | Respond to of 64865
 
Dear Charles: Perhaps you are old enough to remember like I do all the wailing and crying in 1973. I had a stock then I bought for in the 30's go into the LOW single digits never did sell that stock for 20 more years and when I did I sold it for something over $300 a share and by then my basis was in the low single digits due to splits. This too shall pass, if you believe in America then you gotta believe in the Technology of this country, its the one thing we have a significant lead in in the World. jdn