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Technology Stocks : All About Sun Microsystems

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To: grogger who wrote (882)3/15/1997 12:10:00 PM
From: Dana Breite   of 64865
 
Hi, Robb -

I don't know of any analyst price targets, but I do know that the mean analyst EPS estimate for the year ending June97 is $1.79 (Zacks) and the projected growth rate is 18% going forward. That would give us a near-term price of $32 3/8. If you look forward to June98 the EPS estimate is $2.14 for a price of $38 1/2. I would appreciate any comments. These numbers seem conservative. A director of SUNW recently (1/31/97 I think) purchased 10,000 shares at $32.85. I got this info at: www.insidertrader.com

Dana
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