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

To: QwikSand who wrote (11143)	9/24/1998 10:34:00 AM
From: antitrades	Respond to of 64865

"I don't agree, antitrades. The lawsuit may be responsible for a few daily fluctuations, yes, but for both long and short term valuation I doubt the lawsuit has much to do with anything." Qwiksand, I agree with your basic argument to disagree, but, in this case, SUNW has continued to show positive earnings growth with no respect in the stock valuation within the last year. Something other than earnings is having a negative impact on the stock price. Well, not necessarily negative, but stagnant, a holding pattern. When SUNW didn't agree to become a reseller of NT, and go their own path, the market seemed to take a step backward and re-analyze this. Not only was this company NOT following the giant, they were taking them to court! We will see how this unfolds, but, in my mind, I think the stock will play catch-up after this court thing is over and done with, regardless of earnings. (As long as the earnings and growth rate remain constant). Antitrades!