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

To: harrypolo who wrote (5446)	11/11/1997 3:59:00 PM
From: uu	Read Replies (1) \| Respond to of 64865

Harry: You state: > ... that doesn't mean you are necessarily a wise investor or trader. But of course I am not a wise trader,, but I would not call myself an idiot investor either! Surely high techs have come down dramatically but do you really think at their current prices they are still overvalued?! If so then I suggest to take a look at their past, current and future anticipated earnings, in addition to considering the fact that global economic prosperity (and especially in light of the alledged slow down of the South East Asian markets) relies in optimum productivity which can only be achieved through technology. If at the end you come up with a negative view of the tech sector and still think their current valuations are still too high, then with all means go ahead and call me an idiot investor, given you were sincere and logical in your analysis of the tech sector! Regards, Addi Jamshidi

To: harrypolo who wrote (5446)	11/11/1997 4:51:00 PM
From: Holger Johannsen	Read Replies (1) \| Respond to of 64865

Harry, do you really think tech stocks are too high? You can't be serious about that. There are many large cap non tech stocks out there that are way overvalued even after the correction (KO is the most prominent) and those stocks have not yet corrected enough. On the other hand most of the tech stocks are quite undervalued right now. Do you think a COMS at a forward PE of 12 is overvalued? The same goes for SUNW, CREAF, INVX to name just a few. And where do you want to lock in profits? I'm a long term holder of COMS but there are no profits left. My profits on SUNW erode day by day (in at 27). Should I really sell my shares to the big guys at those rock bottom prices? It sure is no fun to look at my portfolio right now (60% in tech) but as an INVESTOR I don't really care. I don't need the money today or tomorrow and by the time I need it I'm pretty sure my portfolio will up again. Holger