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

To: Hawkmoon who wrote (5669)	11/16/1997 8:57:00 PM
From: Dimitry A. Semenov	Read Replies (1) \| Respond to of 64865

Japan's market is up big time finally! Might see a good day on Monday: Japan Nikkei 225 8:54PM EST 16020.88 +938.36 +6.22% quote.yahoo.com

To: Hawkmoon who wrote (5669)	11/17/1997 1:56:00 PM
From: uu	Read Replies (2) \| Respond to of 64865

Ron: You state: > The SE Asia and Latin market meltdowns may have a substantial > and sustained impact on the profitability of US firms. Perhaps for companies such as Coca Cola, Gillete, etc. But in my opinion it will bring huge gains for high tech companies (such as IBM, SUNW, etc.). The only way to achieve economic prosperity, in a world where there are no cold (or for that matter any serious hot) wars, is through providing an environment for optimum productivity at an absolute lowest cost possible. For South East Asia to continue and to achieve economic growth there needs to be productivity with low costs to them. This optimum productivity can only be achieved through technology. Therefore, as the suppliers of technology to the world US high tech corporations are about to make the highest gains of their existance from the alledged horrifying economic situation in the South East Asia! You state: > Just the humble opinion of a former SUNW holder who sold for a > loss and repositioned the money in KEA. Without knowing whether you sold in the recent idiotic sell off that took place in the tech stocks or not, I was just thinking the other day who would be willing to throw out the shares of a premium tech leader such as Sun (or IBM, or COMS, or INTC, or LSI, etc.) at near their lows with loss. Just curious to know, if you do not mind, your reasoning for throwing out the shares of SUNW with loss and instead replacing them with the shares KEA. It is worth noticing that Sun has a P/E of around 18, a P/S of around 2, and is a bellweather high tech company with a unique proprietory technology that the industry as a whole has based its future upon it (namely Java, in addition to Sun's servers, etc.). And KEA is a Y2K company with a P/E of around 50, and P/S of over 4 with absolutely no unique proprietory technology that can not possibly make a difference in the industry. If the intention was to take advantage of the Y2K sector and the overly exuberant and hype that exists in that sector, there are a couple of other much cheaper stocks with proprietory technologies that would provide a much better return. Certainly it does not (to me anyway) make sense to throw out the shares of SUNW (with loss) and instead replace them with KEA! But then I have no idea what your returns on KEA have been since it belongs to a sector that has so much hype assoicated with it that eventhough in my opinion sometimes playing in Vegas is much safer, can generate a very quick high and sharp return in a very short period of time (which SUNW could not do so in the same manner). Good luck and in my opinion only, do not worry too much about the overly blown problems of South East Asian markets. Should the Japan situation start another round of sell offs (which I highly doubt the Japanese and the US government along with practically every European government would allow Japan's banking system problems to spread negative effects throughout the world) - take advantage of it because the best deals of the 20nth century (eventhough there are still out there today) may yet to come in larger numbers! Regards, Addi Jamshidi