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


To: Mephisto who wrote (15494)4/16/1999 1:48:00 PM
From: Sueponine  Read Replies (2) | Respond to of 64865
 
* SHARE BUYBACK Sun bought back approximately 500 thousand shares (pre-split) for $54.4 million, spending $109 per share.

I took this from SSB research dated today. I don't believe I have seen or heard this anywhere else. Pretty bullish I'd say.
Later
Sueponine.



To: Mephisto who wrote (15494)4/16/1999 7:09:00 PM
From: Byron Xiao  Read Replies (1) | Respond to of 64865
 
Mephisto, I would like to believe what you said, but please, put your money where you mouth is: buy at this level, if you have so much confidence in this stock! I think a lot of people add SUNW to their positions today, but I don't think you are one of them. I bought more at 56. Did you buy more? What's the price you would consider reasonable? I plan to buy more at 45.

Dear Alok, I think Sun's earnings were good when you consider world economic conditions. I think the company's future will be very bright.
I believe there will be a shift towards Linux/Unix. Sun's server market is strong. Let's not forget their 64 bit operating system and their alliances with AOL, and their commitment to Jini and Java. Don't know much about Solaris and other work stations but I've always heard that quality was good and technical support substantial. In sum, Sun has a good reputation.

So, GO SUN!!! Mephisto