Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Alex Chun who wrote (13392)	1/13/1999 2:24:00 PM
From: Alex Chun	Read Replies (4) \| Respond to of 64865

I suspect that Dale may be right, and that Sun's valuation is not rational. Sure, SUNW may be cheaper and more rational than, say, Amazon.com, but that is not saying much! Or, put another way, I cannot compellingly make a case for these prices based on valuation; I can only rationalize and compare Sun to other overpriced stocks, and thus I have become a momentum / greater-fool-theory player. However, as a greater-fool-theory player, I have the security of being high up on the pyramid. My split-adjusted price was under $10, and I have little fear of Sun approaching those levels any time in 1999. -Alex