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

To: monu who wrote (6063)12/9/1997 6:13:00 PM
From: Dulane U. Ponder  Read Replies (5) | Respond to of 64865
 
I don't post on this thread although i'm long sun. I'm concerned after the Oracle debacle. Word is around (on other threads and in conversation with two brokerages today) that tomorrow will be the day sun tanks. Does anyone on have an opinion on the near-term for this stock. should i get out of sun at the open tomorrow. Thanks in advance for any advice.



To: monu who wrote (6063)12/9/1997 6:57:00 PM
From: Sonki  Respond to of 64865
 
addi, monu. off topic: i have not done anything at all today re: orcl or sunw.

earning estimates are quite drastic for orcl. @.88*25 pe = $22.00
and just what should be orcl's pe? w. 20-25% ern growth?

untill now it carried a hige pe for it's leadership.

i was thinking of taking a tax loss tomorrow and buy back in a month.
do you think that's safe? i.e. do u think orcl will still be at
this price in a month?


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