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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (31096)4/19/2000 11:09:00 AM
From: Lynn   of 64865
 
Dear Charles: ML's Steven Milunovich and Alex Sheynkman released a new research report on IBM this morning [accumulate, buy, 12 month objective $125]. Shareholders of SUNW and EMC (as well as DELL) should like this paragraph:

"IBM managed to beat the Street consensus by posting
$0.83 per share, but it took some financial doing to do so.
More important was the substantial revenue
disappointment. Granted, Y2K was a problem (Unisys
was a great predictor), but IBM is losing share to more
focused players like Sun, Dell, and EMC."

Regards,

Lynn
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