All About Sun Microsystems Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : All About Sun Microsystems

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Haim R. Branisteanu who wrote (16440)	5/16/1999 3:17:00 PM
From: Jacob S. Rosenberg	Read Replies (2) of 64865

This is completely wrong. Haim wrote: >Marvin, SUNW stock price went up in sympathy with IBM. >SUNW is quite overpriced. Here is what happened. Before the split, when SUNW was in the low 120's Merril Lynch gave it a target price of 140. Then a funny thing happened: Within a few days it hit 140 and promptly went down. Then, as if by magic, it was downgraded by Merril Lynch. Note well that the downgrade always comes after the fall and not the other way. No reference to IBM in any of this. None at all. Do I think SUNW will recover? Yes, Sun Microsystems is in good shape. I'm long on SUNW. Jacob Rosenberg

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next