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Technology Stocks : All About Sun Microsystems
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To: Judd who wrote (7692)2/12/1998 3:00:00 PM
From: Pierre  Read Replies (1) of 64865
 
So how come we're the last to know?
From today's Reuters:

"...
Andrew Neff, an analyst at Bear Stearns & Co, said Sun
Microsystems, in meetings with sell-side analysts in the past
few days, was "more guarded" than it had been about the extent
to which the financial crisis in Asia would affect its
fiscal-third-quarter operating performance.
"They were more guarded about the third quarter than they
had been previously," said Neff. "While things appear on track,
they highlighted continuing concerns about Southeast Asia."
PaineWebber's Stephen Smith said much the same thing in a
report early Thursday downgrading Sun Microsystems shares to
neutral from buy.
..."

Pierre
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