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

To: vampire who wrote (38939)	12/11/2000 2:06:50 PM
From: John Carragher	Read Replies (1) \| Respond to of 64865

market watch Sun Microsystems (SUNW: news, msgs) stock, however, extended its hefty losses from Friday. The shares were lower by $1.81 to $37.06, with 60.3 million shares changing hands. Shedding some light on the drop in Sun shares was analyst Laura Conigliaro at Goldman Sachs. She told clients in a research note that she expects Sun shares to remain under pressure in the near-term due to growing uncertainties in the macro environment. Conigliaro added that Sun is "less likely" to beat current financial estimates and suggests that "fresh money would probably be better advised to be looking elsewhere," pointing to Brocade Communications (BRCD: news, msgs) and EMC (EMC: news, msgs) .

To: vampire who wrote (38939)	12/11/2000 2:10:47 PM
From: sam	Read Replies (1) \| Respond to of 64865

Yes, they are very well respected. Not sure they are the best (by number of personnel???). Not even sure there IS a 'best' (in terms of quality). That said, they do move the market as much as anyone. More so in some cases. Moreover, as I have said, they may well be absolutely right here. I haven't read the report. But, all this said, some of their recent work (primarily by Paul Sagawa) has been very shoddy imo. Makes me suspect of the whole firm...at least in the short run. Just an opinion...and still no SUNW position. FWIW, if I do buy, it will be only as a trade and not as a hold.