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

To: cfimx who wrote (20899)	10/8/1999 3:54:00 PM
From: QwikSand	Read Replies (1) \| Respond to of 64865

Tough puzzle. Sun's storage group OEM's Quantum's DLT tape drives. Quantum's tape tracking stock tanked today on a downgrade because some analyst thinks there's weak demand. OH NO: SUN'S GOING TO REPORT TERRIBLE EARNINGS! GET OUT NOW! What's my prize? Regards, --QS

To: cfimx who wrote (20899)	10/8/1999 4:20:00 PM
From: Stormweaver	Respond to of 64865

i will award a prize for the one who connects the dots This says it all ... "Equipment manufacturers have sold more than they expected and therefore they've placed more orders on the chip companies that they expected," said Rick Billing, an analyst with SG Cowen. "It didn't seem like holding inventory was a bad idea. ... "Plus, there's all of this concern about the year 2000," he added. "Customers of any kind of component were of a mind to build some inventory. So if a company like Ascend decides its next quarter doesn't look as good and inventories are getting a little out of hand, they'll cancel some orders." James