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Technology Stocks : All About Sun Microsystems
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To: Haim R. Branisteanu who wrote (8204)3/10/1998 9:12:00 AM
From: Ben Antanaitis  Read Replies (1) of 64865
 
All,

The lovely Maria B., of CNBC, just reported that at the MS tech meeting, yesterday, SUNW said that the Asian effect would be in reduced increases (catch that phrase, reduced increases) in income across some future quarters, BUT that they were NOT pre-announcing any form of earnings disappointment and felt 'comfortable' with the .60 consensus projections for the upcoming quarter.

Based on this, MS has revised their price projection to a 12-18 month target of $67.

Ben A.

PS Can you say 'yo-yo'?
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