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


To: Tech Bull who wrote (9788)5/11/1998 2:48:00 PM
From: uu  Read Replies (2) | Respond to of 64865
 
Tech Bull:

> Salomon Smith Barney raised SUNW target to $56-$58 from $55

Not intended to sound like a skeptic, but I doubt their raise of the target price by a couple of dollars can result in attracting more new buyers so they (Salomon Smith Barney) could dump their shares!

Regards,

Addi Jamshidi



To: Tech Bull who wrote (9788)5/11/1998 7:07:00 PM
From: Maher Sid-Ahmed  Respond to of 64865
 
They had previously raised the target price for Motorola to $120 when the stock was trading around $75. Motorola price went to over $80 and slid quickly to $53. Raising price targets offer only short term trading. Don't get sucked in by upgrades made by investor bankers.

Maher