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


To: Charles Tutt who wrote (16838)6/2/1999 7:23:00 PM
From: cheryl williamson  Respond to of 64865
 
RE: Coincidentally, I was just thinking that the longer I
remain invested, the more I am convinced that the alleged
collective wisdom of the "market" and the "gurus" and other
participants of Wall Street is bunk.


AMEN!!!



To: Charles Tutt who wrote (16838)6/2/1999 7:45:00 PM
From: Alok Sinha  Respond to of 64865
 
Well stated.

If you recall during late Feb to mid-March, SUN stock oscillated between 97 and 106 back and forth every couple of days. I think we are in a similar situation between 55 and 65 till the earnings season starts approaching. Rate, Y2K, inflation fears will recede and earnings will become the driver. I like SUN performance in that environment, since the fundamentals remain sound. There appears to be stron suport in the 54-55 range.

SUN is still up more than 30% for the year, and compared to most hardware stocks - Intel, Compaq, Dell, EMC and QNTM it is doing pretty well. (not as well as IBM and the networkers though).

Regards

Alok



To: Charles Tutt who wrote (16838)6/4/1999 2:24:00 AM
From: Mephisto  Read Replies (1) | Respond to of 64865
 
Dear Charles, I agree. I've ignored the noise over the years. I kept my shares. I have a very low cost basis. And I can't think of any reason why I would want to sell my shares in a a well-run company with quality products on the market. And more to come..........

Regards,

Mephisto