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Technology Stocks : All About Sun Microsystems

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To: cfimx who wrote (23656)	11/30/1999 8:10:00 PM
From: paul	of 64865

No Twister, you dont need one, but it sure helps. Amazon was using a large farm of Digital Alphaservers - Digital/Compaq has been their long term partners for their storefront - I wonder what the equity arrangements were between HP and Amazon beyond Amazon reselling HP products - I hope HP didnt trade servers like they normally do to get a return in Amazon's profits cause they could be waiting a looooong time... RESEARCH ALERT- Sun Microsystems target November 30, 1999 08:43 AM Eastern Time NEW YORK, Nov 30 (Reuters) - Merrill Lynch analyst Steven Milunovich on Tuesday said he raised the 12-month price target on Sun Microsystems Inc. SUNW , maker of servers, workstations and software for networked computing, to $165 from $155. -- "We expect a bullish mid-quarter update Wednesday," Milunovich wrote in a research report. -- "Management plans to protect margins by taking costs out and selling more over the Net. It will not follow the risk/reward sharing strategy of a 'desperate' HP." he said referring to Hewlett-Packard Co. HWP . -- Shares of Sun Microsystems rose to a 52-week high of 140-3/16 before falling back to 132-5/8, down 4-3/16 in late afternoon trading. ((New York Newsdesk, 212-859-1700)) REUTERS

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