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

To: John Chen who wrote (7906)	2/25/1998 2:47:00 AM
From: Carl Wysocki	Read Replies (1) \| Respond to of 64865

John, I really believe you need to step back and think about this for a minute or more. Also, any inputs you receive (mine included) are merely data points, not decision criteria. You really have to judge for yourself what all the seemingly conflicting data tells you. If you truly believe MSFT will crush Sun, then that's a reason to sell. It may prove wrong, but a person has to go on what he believes in (unfortunately, I've believed MSFT wouldn't get much higher for the last 3 years, but I have no regrets). This "belt tightening" and "slowdown" are merely some people's opinions at best and guesses at worst. There are many who's beliefs differ. Make your own decisions, but don't place too much credence in them. I don't know of anyone who can really predict the future, whether they be analysts or economists. You'll probably get better forecasts from a psychic hot line, than any economist, analyst, or market guru. IMO, with Sun, you either trade it or hold it for the long term. The change in the analyst's perceptions provide excellent trading opportunities, but do nothing to alter the long term fundamentals or prices. If you in it for the long run, please recognize that the long run is not one week, one quarter, or one year. Unfortunately, Sun is no MSFT or CSCO in terms of steady growth. Very few stocks are. IF you set these 2 as your benchmark, you'll probably be disappointed in any company you invest in. I'm not sure what you are referring to by Sun not doing well in Seattle. Hell, if you're referring to MSFT, I don't blame them. Sun doesn't buy MSFT product for internal use either. It doesn't mean a thing. Plus, even if Seattle isn't buying Sun, I'm not sure that's significant. Now, if they weren't buying Starbucks coffee anymore, that may be an important factoid. John, you really have to live with the volatility of the stock market. I'm not totally sure why Sun's performance has you upset, but then you may have started buying in the 50s last year. In hindsight, we can all say that was too high, but what will we say 2 years from now. Regards, Carl