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

To: Fred Ayres who wrote (5967)	12/4/1997 9:15:00 PM
From: Robert	Read Replies (3) \| Respond to of 64865

I wish you the best in getting some sense out of these people and how they get their rediculous numbers. It is comforting to know that the SEC monitors them as well as any other stock manipulators.

To: Fred Ayres who wrote (5967)	12/5/1997 12:04:00 AM
From: uu	Read Replies (2) \| Respond to of 64865

Fred: Re: Sun's price of $80-$150 by 2000 The current P/e considered for Sun is assumed to be at 20. This I believe will be changing and will be moving much higher to the neighborhood of 35 next year. I base this move based on the following: 1. Historical data which shows an EPS percentage change from 96 to 97 of about 62% (net income has grown by about 60% from the previous year). With the network computing architecture taking off as of this quarter I believe the growth rate of Sun will be increasing dramatically to perhaps as much as 40-45%/yr. Add to that the global growth in putting in place the information tchnology infrastructure (especially in Europe - which is about 2-3 years behind the US - and also in South East Asia if they want to get out of their economic problems) and I (for one at least) feel very comfortable for Sun to be growing at a much much higher level than what is estimated today. The stock price has almost doubled since last year and justifiably because of the growth in the net income. I can not possibly see how the stock can not double again in a year from now with what I (in my opinion of course) precieve to be the reasons for Sun to grow (namely the new network, thin client computing architecture). 2. The current price still reflects a lot of idiotic notions that Sun is a UNIX based company and sells only workstations, and other perceptions such as HP is eating its market share, etc.! Well, in my opinion, that is all nonesense. It is similar to saying that people no longer would drink Coke (and instead drink water all the time), and that Pepsi is eating Coke's market share! Perhaps in your mind I may sound too bullish with SUNW, but in my own mind I still think I am being very conservative with this company! Let me go on record as saying that I believe SUNW will be in the $80 range by early 1999 and perhaps in the mid $100 by early/mid year 2000! And for the record the date today is: Thursday, December 4th, 1997. Regards, Addi Jamshidi

To: Fred Ayres who wrote (5967)	12/5/1997 2:24:00 PM
From: Homer	Read Replies (1) \| Respond to of 64865

"Sounds to me like people are throwig out numbers at will. What basis do you have for a price like $150?" "you will be able to pick up SUNW under 40 at some point in the future." Thowing out numbers goes both ways. What is YOUR basis for a retracement to $40? Something you can share? I see resistance near 44-45 and support around 39. In my humble opinion I see Sun may stall at the $48 resistance level and trade in the $44-48 levels awaiting earnings. I hope for better than expected earnings and new highs in March then perhaps a pull back to the 48-50 range completing an inverted head and shoulders pattern. Just my opinion. Robert is correct; one should be cautious in this setting but that goes without saying. I've never bought or sold based solely on any opinion I've read here or elsewhere and can't imagine anyone who would. Good weekend to all!