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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?


To: Tassi who wrote (23189)12/11/2000 5:33:05 PM
From: Tassi  Respond to of 24256
 
Sunw..Could rebound to 40 by next two days..
DJ Sun Micro/Rumors -3: Rumors 'Have No Basis In Fact'

11 Dec 17:29

As reported, Sun fell 9% Friday on the widespread rumor, on which the company
at first declined to comment.

On Monday, two high-profile analysts put out cautious notes on the company,
resulting in a harsh sell-off of its stock.

In after-hours trading, Sun recently changed hands at $36.31, according to
the Island ECN order book, after closing the regular Nasdaq trading session
Monday at $34, down $4.94, or 12.7%. Volume was 152 million shares compared
with an average daily volume of 52.5 million shares.

-John Seward; Dow Jones Newswires; 201-938-5400

(END) DOW JONES NEWS 12-11-00
05:29 PM