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: E_K_S who wrote (41345)	2/20/2001 8:42:12 PM
From: E_K_S	of 64865

Some more opinions on SUNW's valuation: Marketwatch -Pulse of the market (http://www2.marketwatch.com/pulse/pulse.asp) "...SUNW 'attractive,' analyst --1:11 pm - By Tomi Kilgore Analyst Toni Sacconaghi at Sanford Bernstein attributes the 15 percent slide in the shares of Sun Microsystems (SUNW: news, msgs) on Friday to speculation the company would lower financial estimates during its mid-quarter update Thursday. He pointed out that the company's chairman and chief executive, Scott McNealy, will be present, and the update is scheduled after the market's close. Sacconaghi pointed out that typically, McNealy is not present and the call is held during the session. He says there is a "reasonable chance" that Sun Micro will lower expectations, but thinks the stock's valuation is attractive at current levels, relative to other large cap tech stocks. SUNW is changing hands at $22.75, down 44 cents from Friday. Earlier in the session, the stock hit a new 52-week low of $22.50. Sacconaghi added that at $20 or less, the valuation would be "compelling."..." EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next