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Technology Stocks : All About Sun Microsystems

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To: Uncle Frank who wrote (206)	1/16/1997 2:40:00 PM
From: John Xu	of 64865

RESEARCH ALERT- Goldman lifts Sun (NASDAQ:SUNW) estimate Reuters, Thursday, January 16, 1997 at 14:10 -- Goldman Sachs analyst Laura Conigliaro in a research note Thursday raised her fiscal 1997 earnings per share estimate for Sun Microsystems Inc by $0.10 to $1.80 following company's stronger-than-expected second quarter results. -- Stock remains on firm's Priority List. -- Analyst cites Sun's rising presence in the computer industry, saying checks with customers and its channel show demand continues to be high for Sun products and surveys confirm its rising market share. -- Conigliaro estimates server growth "remains solidly above 45 percent," offsetting drag from workstations and becoming a larger portion of total revenues. -- Analyst says heavy spending on efforts to create demand and a host of new products rolling out in the current quarter should stimulate demand in the fiscal year's second half. -- Share up 2-3/4 at 31, the most active stock on the Nasdaq market volume topping 16 million by midafternoon. Copyright 1997, Reuters News Service

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