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


To: The Ox who wrote (14833)3/18/1999 10:10:00 PM
From: Crazy Canuck  Read Replies (1) | Respond to of 64865
 
Micheal,

I can now see how you could assume that I was stating a double every year. I should have been clearer in my chart.

Mephisto was looking at a 30 year time horizon. I stated in my preamble that . . .

>>I believe that Sun is capable of carrying out sufficient growth (through revenues and acquisitions) to enable it to split its shares an average of once every three (3) years. I don't think that this is unreasonable given its history, and the history of other similar growth companies. If this occurs we will have witnessed a total of 10 splits during this time period.<<

So, when I built my chart, I should have worked it so that instead of titling it as years, it should have read Splits.

Sorry, I should have been clearer. That said, I still stand by my projections for what I think is possible within a 30 year time span.

Crazy Canuk




To: The Ox who wrote (14833)3/19/1999 8:32:00 AM
From: briank  Respond to of 64865
 
2x every year. Sounds crazy but I bought my first 200 shrs 2years ago at $26. Lets see 2(26)=52 and 2(52)=104. It works!!!!!!! We're all going to be rich!

briank.com