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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (13897)1/22/1999 10:09:00 AM
From: Xpiderman  Read Replies (2) of 64865
 
To all, SUNW dropped much less than I expected.

Sun Microsystems Inc. (SUNW) CS First Boston reiterates "buy" rating on maker of enterprise network computing products as Q2 results beat estimates; raises 12-month price target to $115 as strong backlog and improving competitive position in the server market prompts revision of revenue growth rate by 1%; raises FY99 EPS estimate from $2.75 to $2.77.
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