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Technology Stocks : All About Sun Microsystems
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To: uu who wrote (3838)9/10/1997 1:43:00 PM
From: glen   of 64865
 
To Addi and To All- Merrill Lynch said analyst Steve Milunovich initiated coverage of computer stocks at the firm. Milunovich recently joined Merrill Lynch replacing Dan Mandresh, who retired. Milunovich started IBM (down 1-1/8 to 98-7/8 at 11:44 am EDT) and HEWLETT PACKARD COMPANY (up 1/4 to 67-3/4 at 11:44 am EDT) with near-term accumulate,
long-term buy ratings. He rated EMC CORP. (up 1-1/2 to 54-3/8 at
11:44 am EDT) near, long-term buy and SEQUENT COMPUTER SYSTEMS
INC. as near, long-term accumulate. SILICON GRAPHICS INC. as
near-term accumulate, long-term neutral. STRATUS COMPUTER INC. as
near, long-term accumulate. SUN MICROSYSTEMS INC. as near,
long-term buy (up 7/8 to 50-1/8 at 11:44 am EDT). (Reuters 09:41
AM ET 09/10/97) For the full text story, see
infobeat.com
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