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Technology Stocks : All About Sun Microsystems
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To: Serendipity who wrote (9094)4/16/1998 4:32:00 PM
From: Paul Viapiano  Read Replies (2) of 64865
 
First Call consensus was 58 cents. As I look back on the past 30-90 days, the consensus has floated between 58-60 cents. No reason for the stock to take its dip like it has. Investors were scared because of the possibility of a bad qrtr. The future outlook is good with a slight cautionary nod to Asia, but this has become almost defacto in the techs recently, even in the monsters like INTC and MSFT.

My outlook is positive for the stock, and would guess a return to the mid to high 40s within the next 3 months.
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