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


To: alydar who wrote (54479)6/6/2003 9:05:36 AM
From: Lynn  Respond to of 64865
 
8:44AM Sun Microsystems target raised to $7 from $5 at Sterling (SUNW) 4.92: -- Update -- Sterling reiterates Buy rating and moves 12-month price target from $5 to $7. Catalyst for upward guidance include dominant market share position for Linux + UNIX Servers and Sun ONE (Open Network Environment) application server software (for 3 mln Java programmers) appears to be gaining traction. Europe may provide two factors favoring a boost to SUNW revenues and earnings: (a) a strong euro versus the dollar and (b) a tilting towards Linux as the OS of choice. Recent insider trading at Microsoft and Intel's better-than-expected update are viewed as positive

signals.http://finance.yahoo.com/mp#sunw

Crossing my fingers...