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Technology Stocks : All About Sun Microsystems

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To: jz who wrote (469)	2/7/1997 12:24:00 AM
From: Look 4 Profit	of 64865

I also predicted SUNW would go to around $35 a few weeks ago. See my earlier post. Didn't quite get that high, but we almost hit $34. I also believe that SUNW will make a new 52-week high soon, perhaps by the end of this month or early next. This is based on current price, all of the recent stock upgrades and increased earnings estimates, and a rebound in the tech sector overall after the falls over the past 3 sessions. My price target by the end of the year is the low to mid 40's. This is based on current PE versus projected earnings for the current year plus some additional premium due to increasing acceptance and penetration of JAVA towards the end of the year (The company has predicted that JAVAsoft would be profitable by '98). L4P L4P

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