| Author |
Message |
Mike B (Srt_mike)
Junior Member
Username: Srt_mike
Post Number: 218
Registered: 12-2002
| | Posted on Thursday, June 12, 2003 - 12:02 pm: | |
I don't personally think that have much/any upside potential in 24-36 mos, except for any market-wide wave they ride that brings everyone up... but as a seperate company, Sun has been declining BIG TIME for a while, and I do not expect any kind of rebound. |
Dave (Maranelloman)
Intermediate Member
Username: Maranelloman
Post Number: 1874
Registered: 1-2002
| | Posted on Thursday, June 12, 2003 - 10:15 am: | |
Tony, if you sell it & then buy it back, you MUST wait 30 days. This is called the wash rule.
That said, I believe someone will buy Sun. There were rumors to this effect a few weeks ago, and I had bought some right before that at around $3.80. I am holding, since I believe Sun is undervalued, and is relatively cheap for an acquirer. The only question is "who": there would be some anti-trust issues with the usual suspects (Dell, IBM, HP), but not with some unlikely ones (Oracle? CA??).
IMO, of course... |
Tony Roberts (Pantera)
Junior Member
Username: Pantera
Post Number: 112
Registered: 6-2003
| | Posted on Thursday, June 12, 2003 - 10:07 am: | |
I am holding 1000 shares. My broker say's I
should either sell the stock and buy it back
at a cheaper price or sell it and take a
tax loss. Do you think the stock has any upside
potential in the next 24 to 36 month's? |
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