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


To: Lizzie Tudor who wrote (59239)3/8/2004 2:25:48 PM
From: QwikSand  Respond to of 64865
 
Their debt isn't junk.

--QS



To: Lizzie Tudor who wrote (59239)3/8/2004 2:30:01 PM
From: im a survivor  Read Replies (1) | Respond to of 64865
 
Actually, 2003 was a complete dud for SUNW...while many NAZ issues, even junk, went up 100 - 2000%, SUNW didnt do squat. It only recently has made a decent run above $5 from the $3's, but it has given back 15 or 20% since they wen't to 'junk' status.

Personally, I don't think sunw will make it, but at the same time I dont think longs need to worry unless McNealy really screws up....more then likely, if SUNW can not pull out of it's funk with a reasonable biz model that shows growth and profits, one of the other big boys should step in and buy them long before bankruptcy becomes a topic, imo...and frankly, that may be the best thing for SUNW longs....getting bought by a more stable company...

Disclaimer : I have no position in SUNW and nor do I want one <g>...but I do wish the longs the best of luck...perhaps if you guys make alot on sunw, you may take some of that profit and buy some stocks I do own <g>