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


To: Marvin Mansky who wrote (25049)12/18/1999 5:16:00 PM
From: QwikSand  Read Replies (1) | Respond to of 64865
 
SUNW will exceed Merrill Lynch's Steve Milunovich's target of $82.50 per share

I certainly hope so. That's a 12-month price target and it was that high last week.

--QS



To: Marvin Mansky who wrote (25049)12/18/1999 7:03:00 PM
From: paul  Respond to of 64865
 
Marvin Sun should also do extremely well in January once earnings are released. Sun told analysts to move their expectations higher in the last conference call and Merrills report after their quarterly meeting with Sun was very bullish calling demand unprecendented and Sun's quarter "all but wrapped up" in November.

Oracle ran up a lot in November and pulled back before soaring after it announced earnings. Sun is still very strong - I expect a similar "coil spring" reaction after this little breather.