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

To: Alok Sinha who wrote (13920)	1/22/1999 4:42:00 PM
From: Jeng Chiu	Read Replies (2) \| Respond to of 64865

It is extremely important to hold Analysts accountable for their rationale. The downgrade itself is not important. More importantly, what is he going to say 3 months from now when SUNW's backlogged orders provide a great 2nd half. Most likely, He'll be hiding in the shadows providing no guidance. Most analysts today are too integrated with the marketing aspect of the business to provide sound, objective analysis. Second Tier Analysts have to differeniate themselves from the pack by uncovering "stories" that can make money for their clients. Their downgrades are often short term self-fufilling prophecies - that is their game. 1/22 Dan Niles Downgraded. In April, when SUNW reports earnings, I vow to revive Dan Niles name on this thread and see exactly how accurate he was and hold him accountable. If his concerns of a "decrease in back logged orders" are justified, then I will applaud him. If he is wrong - His name will be posted here over and over again. Either way, Dan Niles will not Hide in April.

To: Alok Sinha who wrote (13920)	1/22/1999 9:46:00 PM
From: Xpiderman	Read Replies (3) \| Respond to of 64865

I listened the SUNW 99 Q2 conference call, it's very upbeat, indeed. Every SUNW investor, long or short, should listen. The phone number is : 1-800-633-8284, code:11132658. This sucker Dan Neils from BancBoston Robertson Stephens didn't even ask any question, I doubt any one from his company even attend this conference call. In the earning report and during the conference call, SUNW management said again and again that due to the new order entry system transaction, SUNW's customers were encouraged to book more in facial Q1 1999; and in facial Q2 1999, the booking is still up a healthy 6% over last year same period. This is what Dan Neils called "backlog of orders dropped nine percent sequentially." So this Dan Neils guy is not honest about what the SUNW management said to us, he mislead his clients (also he mislead people in AMD and MU...), so he should be impeached! As SUNW CFO stated, the combined first 6 months of FY1999 numbers compared to same period of FY1998 will tell the whole story, and forested an accelerated revenue growth in second half of FY 1999. So the higher stock price is supported by stronger fundamentals and unique competitive environment. SUNW will hold another Analyst Meeting next week in San Francisco, I believe we will see another wave of upgrades after that meeting.