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


To: microhoogle! who wrote (62899)4/15/2005 9:45:56 AM
From: sixty2nds  Read Replies (1) | Respond to of 64865
 
Gentlemen, let the whipping begin 07:24 SUNW Sun Microsystems cut to Underperform at First Albany (3.96 )

First Albany downgrades SUNW to Underperform from Neutral following MarQ results last night. Services gross margin was lower than expected and operating leverage was weaker due to a lower top line. Softening demand and elongating sales cycles limit visibility, and Sun provided characteristically little in the way of guidance. The co acknowledged the shift to low-midrange offerings may be negatively impacting growth of its high-end products. Despite an improvement in costs, firm believes the co still needs to make significant reductions for its model to work.



To: microhoogle! who wrote (62899)4/15/2005 10:35:35 AM
From: Stormweaver  Respond to of 64865
 
Good points. Some good value bank stocks may be a good place to hedge against things for now.



To: microhoogle! who wrote (62899)4/15/2005 1:00:07 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 64865
 
you and I think the same. I'm waiting for July then I might buy some tech. Tech isn't expensive here and in a bad market will get cheaper.