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Technology Stocks : All About Sun Microsystems

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To: cfimx who wrote (64136)	4/2/2007 3:28:48 PM
From: Joseph F. Hubel	of 64865

Sacconaghi should be ignored or at least discounted. Sacconaghi cut his 2007 earnings estimate to $.12 per share from his previous estimate of $.13 a share. On average, other anal-ists expected earnings of $.10. As far as I'm concerned this character erred in calling for $.13 in the face of an average call for of $.10 by others. In correcting his mis call he caused the shares to lose about 4%. His lower estimate still puts him above the general consensus which flies in the face of his other comments. Let's see where it is a month from now; I'd bet up.

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