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

To: Charles Tutt who wrote (13370)	1/13/1999 7:42:00 AM
From: JDN	Read Replies (2) \| Respond to of 64865

Dear Charles: The strongest case for a stock split, IMHO, is to let the "little guy" get into the action. We know, of course, that 50 shares of a 100 stock is the same as 100 shares of a 50 dollar stock in the same company. BUT, we are also humans and I think that people prefer to deal in round lots. Scott strikes me as closer to the little guy and thus may look favorably on such a split. I think SUNW is entering a new growth phase in ways not heretofore foreseen and likely will be a major beneficiary of the internet growth as well as telecommunications. Would be nice if more people could share in this phenomena. JDN

To: Charles Tutt who wrote (13370)	1/13/1999 11:09:00 AM
From: Dale J.	Respond to of 64865

Charles, Re:Splits don't increase my % of the company one bit; I'm generally more excited about buybacks. Very true. It creates no value in itself. Investors, however, are conditioned to buy on splits and in that way it creates shareholder wealth. At least temporarily. I also agree with you that the anticipation of a stock split is more important than the event itself. Like much of the stock market, it is a matter of smoke and mirrors. Make a small adjustment to the mirrors and investors can overreact in either direction. Dale