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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (1399)6/26/2001 9:15:46 AM
From: SusieQ1065  Read Replies (1) | Respond to of 208838
 
09:12 ET Sun Microsystems (SUNW) 15.04: Morgan Stanley cuts FY02 and FY03 EPS estimates to $0.39 and $0.56; cites global economic weakness, tough FX comparisons, gray market issues, UltraSparc III launch, and more aggressive competition; says weak demand led to substantial price aggression in Q2. Models imply value around $12.50; maintains NEUTRAL rating.