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Technology Stocks : Future earnings for JAVA

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To: JPM who wrote (600)11/18/1996 11:27:00 AM
From: Peter Shaw   of 918
 
JPM,
Showing strong support around 58, but can't get anything moving to the upside. Uncertainty over the direction of corporate computing is certainly the root of our recent weakness, and the debate on the institutional level continues as Montgomery Securities just raised their estimates for 1997 vs. the houses who questioned Sun's performance last week.
Big section in the WSJ on NC's vs. PC's...Haven't had the chance to read it all yet, but everyone agrees the battle is heating up. With many corporations balking on the 97 Office upgrade from MSFT, business applications for NC's builds a stronger case than ever IMHO. And let's not forget multimedia websites will continue to demand the performance of higher end SUNW servers!

Cheers,

Peter Shaw
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