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Technology Stocks : All About Sun Microsystems

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To: Alok Sinha who wrote (7686)	2/12/1998 8:13:00 PM
From: alan james geik	Read Replies (2) of 64865

I agree. I think that some of the writers on this and other threads see conspiracies in brokerage research reports and their corresponding price movements.The real truth may be that the researchers don't always have a clue... Two days ago Merrill Lynch released a report on SUNW that was very optimistic. I think that they had a 55 12 month target. Today there were two less favorable reports. Long term holders should be aware that the reports often presage a turn in price movement, i.e. downgrades happen when the price has bottomed or an upgrade when it has reached a peak. A conspiracy, I doubt it..just some folks trying to make a living at predictions. JMHO Alan

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