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

To: Haim R. Branisteanu who wrote (16657)	5/27/1999 10:00:00 AM
From: The Ox	Read Replies (1) \| Respond to of 64865

Haim, One should not be surprised by a point or 2 drop in SUNW today simply because there was a huge move yesterday (10%+). I also question those who say that SUNW should trade at a 60 P/E. I find that number incredibly high and I find little to justify such a lofty number. In the same breath I should state that SUNW does deserve a premium above it's growth rate because of the company's ability to deliver under tough circumstances and because of their ability to execute their vision. I don't believe the stock should be trading in the 30s, even with the bond yield rising. At a certain point, interest rates could weigh heavily on the market but not at today's rate. BWDIK? Michael