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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (38334)11/28/2000 7:56:45 PM
From: QwikSand  Read Replies (1) of 64865
 
Here's your news from Briefing.com.

--QS

Sun Microsystems (SUNW) 81 1/4 -6 15/16: Sun spiked 3 pts and then gave it back just as fast as traders played a Goldman Sachs' call on the stock; Goldman was generally bullish, but noted that the US would no longer be the primary driver going forward, and that Europe and Asia will pick up the slack. The call did not appear to be very negative, but it looked like there was a spike up in anticipation of a solidly bullish call, and the negative US remark brought the stock back down... Of course, general sector conditions didn't help.
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