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


To: cheryl williamson who wrote (11069)9/14/1998 9:50:00 PM
From: brian z  Respond to of 64865
 
No one cares that you put your emotion into your investing. But don't put it into public discussion. Be reasonable not emotionaly stubborn and do your own home work..



To: cheryl williamson who wrote (11069)9/14/1998 10:13:00 PM
From: jeff armstrong  Respond to of 64865
 
Cheryl,

Are you suggesting that you can make money on any stock if you know what you are doing? If so, I agree 100 percent! I love SUNW over the 2-1/2 years I've been trading/investing it, because it has been so consistent. When I'm trading, I buy in at 18 to 20 times trailing PE (take out the one time gains and losses) and sell at 23 to 26 times PE (maybe sell a covered call here and there). Buy low and sell high! Using this method I have always sold within 3 to 6 months at a nice profit. No such thing as a bad profit!

Of course I go long and accumulate in the IRAs, Kids College Funds and investments for my retired Mom. My goal is simply 15% a year which has been easy to beat. The bonus is that I know SUNW is looking real good for at least the next two years (and probably a lot longer).

The best advice for any new investor who doesn't appreciate the beauty of SUNW, good short term trading and good long term investment, is to study the fundamentals and watch the 50-day trading average chart. Plus, SUNW is a very well managed company. Maybe you can make more money with another company, but I'll take SUNW's proven track record over the last 7 years (and longer).

Bears get rich, Bulls get rich and Pigs get slaughtered!

Jeff