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Technology Stocks : All About Sun Microsystems

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To: Carmine Cammarosano who wrote (1)7/18/1998 3:14:00 PM
From: QwikSand  Read Replies (1) of 64865
 
Another nice surprise: Below is the new SUNW entry from the Briefing.com "Briefing 10: Ten Trading Buys in Tech Sector". This is dated 7/17. You have to be a member to see this page, so don't try the link unless you are.

briefing.com

7. Sun Microsystems (SUNW 49 15/16): Despite Asian difficulties, company posted another quarter of solid growth beating estimates by two cents... Strong management team, solid balance sheet and relatively consistent earnings growth suggest that company will extend its recent gains... So far, company has met the Microsoft challenge... If stock can break through resistance at 53 5/16, 60 will be right around the corner...

Briefing.com has never been very high on SUNW, quite the contrary in fact. This is a nice "pseudo-upgrade".

Regards,
--QwikSand
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