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


To: Charles Tutt who wrote (16810)6/2/1999 1:09:00 AM
From: Eric.sun  Read Replies (2) | Respond to of 64865
 
Charles, Now is the time to test your patience. It takes courage
to be rich, buddy. All these downgrade nonsense just try to knock
you loose. Hang on and we will move higher. It might go down in
the short term, but it will be north of 100 next year.



To: Charles Tutt who wrote (16810)6/2/1999 4:39:00 AM
From: derek buckingham  Respond to of 64865
 
I think overall the fear of the interest rate hike and the fact that the stock has come along way since last Oct98 is more significant in the downturn of stock price today.

Also the stock seems a good play to jump in at 55 and out over 60 which also has an effect on the price.

Sunws price I think is tied now to the internet stocks as the rise ( and mindshift ) since Oct98 in SunW I think was due to the E-Commerce / internet server. The correction going on in the internets at the moment has a pull down.

The mindshift is always there and that investors will continue to want to pay premium prices for Sunws in the long term.

Just my call on the overall perception.

As far as the revenue/profit - which for me is the real deciding factor. I see the workstation side of Sunws business very much under threat which is why sunw is becoming a supplier for e-commerce / server. Not just internet but intranet within corporates as well.

Would be good to know what the actual figures of the revenue mix is.