To: Sonki who wrote (6482 ) 1/3/1998 7:30:00 PM From: Charles Tutt Read Replies (3) | Respond to
FWIW, I went out and bought a copy of Barron's to read this article. My overall impression is that it was thrown together in a hurry, especially for something appearing on the cover. Everybody they interviewed seemed to agree SUNW will reach 60 this year. To the contrarian in me, that means it either won't get there, or will go well past. I'm hoping for the latter. I think a lot depends on how effectively Sun management have been able to deal with the Asian problem, if indeed it even is a problem. I believe it was Michael Dell who pointed out that on the cost side, the Asian currency situation can act to boost earnings. Memory and disk prices continue to plummet, which might help margins and also allow computer purchasers to move up-market in other areas, like processors, software, etc. I also have read recently, although I can't recall where, that European economies are improving, which may offset Asian problems.
