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

To: Jean M. Gauthier who wrote (26462)	1/20/2000 10:14:00 AM
From: Sonki	Read Replies (1) \| Respond to of 64865

couple of things to note: Heavy open intrest is at 80 and 90. once the ernings are finished this week focus will be on FED.. bond yield 6.74%..... i would take a look at some beaten down stocks for any new positions. Don't beat me up here.. i was here at 66.5 not too long ago..we have moved 28 % . Trade w. caution. ===================following an upgrade on sunw. SUN MICROSYSTEMS (SUNW): Bookings are accelerating and backlog increased in the second quarter for SUN MICROSYSTEMS, according to Robertson Stephens. And this is only part of the reason why it has upgraded its rating from LONG-TERM ATTRACTIVE to BUY. This provider of UNIX-based computer systems is a leading vendor in the UNIX segment, and the brokerage believes SUN will gain market share in that segment since the company is focused entirely on UNIX, contrary to many of its competitors. Robertson Stephens added that the company is strategically positioned to grow in the enterprise storage and software markets. It has established a $90 price target on the shares and estimates EPS of $0.90 in fiscal 2000 and $1.09 in fiscal 2001, up from $0.71 in fiscal 1999. Research about SUNW was downloaded 724 times, and there were 74 new documents contributed to the Multex.com database during the week of January 3-9.