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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: QwikSand who wrote (18102)7/22/1999 9:04:00 PM
From: Marvin Mansky  Respond to of 64865
 
Does anybody know where SUNW is trading on Instinet? I hope it doesn't go down more like last earnings period!



To: QwikSand who wrote (18102)7/23/1999 11:52:00 PM
From: Rusty Johnson  Read Replies (1) | Respond to of 64865
 
I'm with you ...

on another note from Briefing.com:

Sun Microsystems (SUNW) 70 +2 13/16: --UPDATE-- Credit Suisse First Boston reiterates "buy" rating on manufacturer of enterprise network computing products; has a 12-month price target of $85.....

Sun Microsystems (SUNW) 69 9/16 +2 3/8: --UPDATE-- Morgan Stanley Dean Witter reiterates "strong buy" rating on manufacturer of enterprise network computing products; raises FY00 EPS estimate from $1.72 to $1.75.....

Sun Microsystems (SUNW) 69 1/2 +2 5/16: --UPDATE-- Salomon Smith Barney upgrades upgrades manufacturer of enterprise network computing products from "neutral" to "outperform" rating; raises its price target from $55 to $80.....

Sun Microsystems (SUNW) 69 9/16 +2 3/8: --UPDATE-- Merrill Lynch upgrades manufacturer of enterprise network computing products from near-term "accumulate" to "buy" rating has a price target of $81.....

Sun Microsystems (SUNW) 67 3/16 -3 1/2: manufacturer of enterprise network computing products reports Q4 net of $0.48 a share, two cents above the First Call mean, vs yr-ago EPS of $0.37; revenues rose 22% to $3.515 bln.....



To: QwikSand who wrote (18102)7/28/1999 12:27:00 PM
From: QwikSand  Read Replies (1) | Respond to of 64865
 
To All:

The departure of Paul Maritz, announced today, is a serious blow to Microsoft. I've been in meetings with Maritz on several occasions and he is one of the smartest people and most capable executives I've seen in the computer industry. This may seem faint praise in an industry where most of the executives are brewed from a rather pathetic recipe (take one Wizard-of-Oz-style scarecrow, replace some of the sawdust in the head with helium to enhance the creature's self-image, swap the raggedy clothes for a fancy suit, and sit the result behind the wheel of a BMW with a cell phone in its hand), but Maritz is an exception: a genuinely intelligent human being.

He is so capable, in fact, that I would bet that he lived up to his obligation under rule #3: "Always have a good successor in place." So while things are unlikely to go to pieces with his departure (somebody during today's Greenspeak repeated the famous quote, "The cemeteries are filled with indispensable men."), he is a guy that one simply does not completely replace, easily or otherwise.

Too bad for M$ and the industry in general.

Bullish for SUNW.

Regards,
--QwikSand