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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: John T. who wrote (801)	2/22/2001 4:49:31 PM
From: Paul Shread	Read Replies (2) \| Respond to of 52237

Sun Microsystems (SUNW) 20 13/16 +1 3/16: -- Update -- On conference call, company says that Mar qtr revenues will be up 10-13% yr/yr and EPS will be $0.07-0.09 vs current consensus of $0.15 as US recession is impacting IT spending; company also announces additional stock buyback of $1.5 bln as it believes stock is undervalued. I think it's about to get more undervalued. The INDU did run up hard suddenly, didn't it? Based on the size of the move, I'd have to attribute it to simultaneous takeover rumors in IBM and MMM. <ggg>