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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.97-1.0%1:38 PM EST

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To: H James Morris who wrote (138673)2/7/2002 3:24:05 AM
From: craig crawford  Read Replies (1) of 164684
 
oh. he said usti when he meant utsi. yikes utsi had an even worse day than sun! what a sandbag hatchet job on sunw. forces must have conspired to sucker me into buying calls a few hours before ssb plays switch-er-oos with the analysts and the new analyst covering sunw drops it to a neutral from a buy! then to make matters worse i wake up to find (nit)wit soundview trimmed estimates and cut it's rating on sunw ahead of it's meeting.

i was hoping positive news like this would drive the stock higher. i wasn't expecting to be blindsided by two downgrades in the span of 12 hours.

Sun Microsys CFO Sees Margin Improvement, Stock Buyback
Message 17026276
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