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Technology Stocks : All About Sun Microsystems

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To: cfimx who wrote (7817)	2/18/1998 4:37:00 PM
From: John Mireley	of 64865

Can Sun stay in business selling SPARC and Java to the cable industry? Maybe they don't need to sell workstations, just NC's, excuse me Set Top Boxes. NEW YORK -(Dow Jones)- Prospects that digital set-top boxes made by Scientific-Atlanta Inc. will be used by the nation's cable television operators sparked a surge in the company's shares Wednesday. Shares rose 12% after Ragen MacKenzie analyst Mary Ryan issued a "buy" recommendation on Scientific-Atlanta (SFA) stock, which analysts say also was helped by the perceived easing of the Asian economic crisis. Scientific-Atlanta shares were trading at midafternoon up $1.975, or 12%, at $17.625 on volume of 1.4 million shares, compared with the daily average of 615,500. "Given their technological lead, Scientific-Atlanta could capture between 35% to 50% of the digital set-top market," Ryan said. "Longer-term, a resumption in growth in the U.K. and Asia would improve profit margins."

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