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


To: Byron Xiao who wrote (15459)4/15/1999 7:52:00 PM
From: uu  Read Replies (5) | Respond to of 64865
 
Byron:

> am licking my fingers to get more SUNW tomorrow.

If I were you I would not jump in right away as I believe you may have the chance to buy the stock at much lower prices. I no longer own the stock as I sold all my shares a couple of weeks ago. Historically SUNW trades at 30-40% below its price prior to its split once the split actually takes place, I think one problem Sun may also run into in the short term would be lack of capital spendings by corporations due to Y2K. On the other hand e-commerce is taking off big time along with an explosive growth of so many internet content providers. So who knows Sun may not run into revenue shortfall in the short term afterall!

I will however definitely be buying my shares back if (and of course this is a if) the stock comes down to $39-$42/shr (or $78-$84 pre-split.

Regards, - Addi