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


To: Jean M. Gauthier who wrote (20884)10/8/1999 12:30:00 PM
From: Stormweaver  Respond to of 64865
 
Yah, maybe investors are thinking that Star Office is a liability rather than an asset? Then again it could just be an example of a stock that had too much of a run up stepping into the barber shop for a well deserved haircut.

Just kidding :) maybe...

James



To: Jean M. Gauthier who wrote (20884)10/8/1999 12:39:00 PM
From: Sonki  Read Replies (2) | Respond to of 64865
 
here is why sunw is down...sunw refuses to touch 90 .. IBM CORP (111-3/8, down 5 @ 10:39 am ET) stock fell in morning
trade amid investor concerns over its 3Q results prompted by
profit warnings by small companies with business links to the
world's largest computer company, analysts said. Investors worried
that soft sales of its bigger computer systems may have sapped the
performance of IBM in the quarter ended September 30. Helping to
spark the latest decline in IBM stock was a report by Daniel Niles
of brokerage BancBoston Robertson Stephens that cited recent
shortfalls at several small companies with distribution deals and
other ties with IBM. Some of those companies blamed Year 2000
corporate spending slowdowns -- a trend that could affect IBM, too
-- for their weaker-than-expected results.