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

To: Sonki who wrote (6438)	12/28/1997 4:14:00 PM
From: uu	Read Replies (1) \| Respond to of 64865

Sonki: > why would u not have adeed to sun? SUNW is my #1 portfolio holding and I feel I already have too many shares to need to add anymore. If I did not have any share (or less share than what I have now) I would havedefinitly bought at these levels. The stock is following a pattern of going up to perhaps $46-$8 range up to the earnings report (1/15) and then fall back to the high 30's-low 40s again and then moving sideways for a very short period of time before making its big upward move again (of course in my humbler opinion only)! > btw: LSI was mentioned as a buy on WSW last friday. Yes I saw that. This is one stock that has truly been unjustifiably been beaten down badly! > BEAR MARKET defination? To me a bear market means a decline in earnings for 1 year or more without prices coming down in the anticipation of such decline! However in my opinion the market has already cut the prices by as much as 20%-70% and is expecting the worst case scenerio. I think decline in the rate of increase in earnings will be as far as Q1 of 98 - mid Q2 (at the latest). I am an optimist by nature however in this case I really do not feel my feeling is just pure optimism and there are some rational behind it. > sunw will not trade at 40 pe. it did that only when it was a young company. we can make a bet on this one. Well how about when it does trade at a P/E of 40 you buy me a lunch?! Although I realize I may have to wait till 1999 to have this lunch! But a P/E of 30-35 is very much possible in 98. Anyway, 1998 is going to be an exciting year (for me anyway). And I am not just talking about investments and market! My wife recently informed me I am going to be a dad in about 7-8 months from now! Regards and a very happy new year! Addi Jamshidi