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Technology Stocks : All About Sun Microsystems

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To: The Ox who wrote (6931)1/16/1998 12:25:00 PM
From: uu  Read Replies (2) of 64865
 
So lets understand the following:

Pain Webber upgraded Sun to a buy last September when the stock was trading at $46/shr. Then they downgraded it to hold/underperform when the stock hit $32. And now they have upgraded the stock to a buy when it is at $44.

Merril Lynch on the other hand had SUNW at a buy when it hit $50 (as compare to Pain Webber at $46) last September/October. They then downgraded it to neutral when the stock hit $35, and now they have upgraded it to a Buy again when it is at $44.

Well, one thing is for sure, when it comes to these con-artists, no man (no one) can outsmart them!!

Regards,

Addi Jamshidi
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