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


To: Sonki who wrote (11158)9/24/1998 9:59:00 PM
From: Charles Tutt  Read Replies (2) | Respond to of 64865
 
I hope so (that we'll soon see new highs), but you can never tell. I'm actually down about 10% from my peak number of shares (trying to diversify, which has gone very badly so far -- almost everything I buy with the money from my Sun sales plummets), so I may be buying back SUNW if it dips.

Right now I don't plan any more selling unless it hits 75 +/-, then again at 100 +/-, and it would have to drop a LOT for the margin debt I have to force me to sell (been there, done that last October and hopefully learned my lesson).

JMHO.



To: Sonki who wrote (11158)9/24/1998 11:07:00 PM
From: E_K_S  Respond to of 64865
 
Hi Sonki - $78 - $80 by year end 1999! Finally got my conformation for the Solaris x-86 software from SUNW (took 6 weeks). They will ship the software next week and I can install and develop applications using SOLARIS OS...YEA!

If Europe can stay positive through out 1999, look for SUNW to continue to grow at 20%-25% rates. If Europe and U.S. slows and we go into a recession...then all bets are off. If this occurs, then cash is king. Very small probability for this to happen, perhaps 30%. I have hedged the portfolio with zero coupon bonds.

I continue to hold SUNW for the long term and look forward to their earnings report.

EKS