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

To: Charles Tutt who wrote (21601)	10/21/1999 3:57:00 PM
From: Jean M. Gauthier	Read Replies (1) \| Respond to of 64865

Hey guys, since this is my biggest loser today, based on a completely unwarranted downgrade and selloff.... On record earnings, record revenues & great outlook ... Huh ? Let's all say together.... THANK YOU IBM !!!! Sort of like what CPQ did to dell earlier this year........ take care Jean

To: Charles Tutt who wrote (21601)	10/21/1999 4:03:00 PM
From: QwikSand	Read Replies (2) \| Respond to of 64865

Here's the full downgrade item. I'd say definitely a new grad. Or maybe a real old guy in the early stages of dementia. --QS NEW YORK, Oct 21 (Reuters) - PaineWebber analyst Don Young said Thursday he lowered its rating on Sun Microsystems Inc. (NASDAQ:SUNW) to neutral from buy and cut its price target to $95 from $120. -- Shares of Sun Micro were off four at 92-5/16 on the Nasdaq stock market in late-day trading. -- Young said Sun may have strong visibility and a high backlog heading into the December quarter, but he is growing increasingly concerned about the Y2K "bubble effect" with March quarter implications. -- Said he still thinks of Sun as the strategically best positioned Enterprise Server company, but until he can get more comfortable with the Y2K issue, he thinks it's prudent to adopt a more conservative position.