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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: H James Morris who wrote (127224)6/26/2001 11:46:04 AM
From: craig crawford  Read Replies (1) of 164684
 
9:23AM Sun Microsystems (SUNW) 15.04: -- Update -- In an interview with the San Jose Mercury News, CEO Scott McNealy responds to the question of whether he sees a bottom this way: "nobody saw
the cliff, so how can you say you see the bottom?" President Ed Zander adds: "I hope Larry knows something" in reference to Larry Ellison's claims of a bottom for ORCL.

9:12AM Sun Microsystems (SUNW) 15.04: Morgan Stanley cuts FY02 and FY03 EPS estimates to $0.39 and $0.56; cites global economic weakness, tough FX comparisons, gray market issues, UltraSparc III
launch, and more aggressive competition; says weak demand led to substantial price aggression in Q2. Models imply value around $12.50; maintains NEUTRAL rating.
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