To: calgal who wrote (163474 ) 12/28/2000 6:05:13 PM From: D.J.Smyth Respond to of 176388 All one needs to do is look at the analysts' history on SUNW to determine that only a few of the analysts know what they're doing: downgrade, no, upgrade, no, downgrade, no, hold, wait a minute, strong buy!, uh, excuse, that's just a buy, no, a hold, accumulate that is, kiss my apple it's a buy, or is it it a hold, and on and on just after the rash of downgrades in 98 and early 99 SUNW's stock took off. that is not to say this will happen with Dell or with all companies. it proves that analyst's downgrades, at least for SUNW in 98 were meaningless. they must have been using PC Data too; or possibly Dataquest, or IDC, or the backseat of their pants. biz.yahoo.com 20-Dec-00 AG Edwards downgrade: from Buy to Accumulate 19-Dec-00 SG Cowen downgrade: from Strong Buy to Buy 18-Dec-00 Merrill Lynch downgrade: from NT Buy to NT Accum Prudential downgrade: from Strong Buy to Accumulate 15-Dec-00 Bear Stearns downgrade: from Buy to Attractive 12-Dec-00 Banc of America Sec downgrade: from Strong Buy to Buy 19-Oct-00 ABN AMRO upgrade: from Outperform to Buy 3-Oct-00 ABN AMRO initiated: at Outperform 16-Aug-00 Chase H&Q initiated: at Buy 21-July-00 AG Edwards upgrade: from Accumulate to Buy Salomon Smth Brny upgrade: from Outperform to Buy 23-June-00 Thomas Weisel initiated: at Buy 14-Apr-00 Prudential upgrade: from Accumulate to Strong Buy 24-Feb-00 ABN AMRO upgrade: from Outperform to Buy 10-Feb-00 ABN AMRO upgrade: from Hold to Outperform 28-Jan-00 AG Edwards upgrade: from Maintain Position to Accumulate 21-Jan-00 Banc of America Sec upgrade: from Buy to Strong Buy PaineWebber upgrade: from Neutral to Attractive 10-Jan-00 Robertson Stephens upgrade: from LT Attractive to Buy 17-Nov-99 AG Edwards initiated: at Maintain Position 29-Oct-99 Prudential initiated: at Accumulate 21-Oct-99 PaineWebber downgrade: from Buy to Neutral 15-Oct-99 Banc of America Sec upgrade: from Market Perform to Buy 28-Sep-99 Sanford Bernstein initiated: at Mkt Perform 23-July-99 Merrill Lynch upgrade: from NT Accum to NT Buy Salomon Smth Brny upgrade: from Neutral to Outperform 14-June-99 ABN AMRO initiated: at Hold 1-June-99 Banc of America Sec downgrade: from Buy to Hold 16-Apr-99 Merrill Lynch downgrade: from NT Buy to NT Accumulate 22-Jan-99 BB Rbrtsn Stphns downgrade: from Buy to LT Attractive 23-Dec-98 ABN AMRO downgrade: from Outperform to Hold 2-Dec-98 Salomon Smth Brny downgrade: from Outperform to Neutral 16-Oct-98 Bear Stearns upgrade: from Attractive to Buy 3-Sep-98 PaineWebber initiated: at Buy 17-July-98 BT Alex. Brown upgrade: from Mkt Perform to Buy 3-July-98 Salomon Smth Brny downgrade: from Buy to Outperform 2-July-98 Salomon Smth Brny downgrade: from Buy to Outperform 12-June-98 LaSalle Street Sec initiated: at Buy/Core 1-June-98 Morgan Stanley upgrade: from Outperform to Strong Buy 7-Apr-98 Morgan Stanley downgrade: from Strong Buy to Outperform 6-Apr-98 Sutro & Co downgrade: from Buy to Accumulate 10-Mar-98 Salomon Smth Brny upgrade: from Outperform to Buy 6-Mar-98 Bear Stearns downgrade: from Buy to Attractive 27-Feb-98 Morgan Stanley initiated: at Buy