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


To: Sonki who wrote (15167)4/4/1999 3:27:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 64865
 
Sonki, SUNW is not on an island

Sunday April 4 2:22 PM ET

Lindsey Predicts Lower Dow, Higher Rates

FRANKFURT, Germany (Reuters) - A former Federal Reserve governor was quoted Sunday as predicting a fall in U.S. share prices and
saying a Dow Jones index of 6,000 to 7,000 points would be a realistic level.

Lawrence Lindsey told German newspaper Euro am Sonntag that corporate earnings could not possibly continue to outpace gross
domestic product growth as they had done throughout the 1990s.

''I expect a slowdown in earnings this year. That means that share prices will fall,'' said Lindsey, now with the conservative American
Enterprise Institute. Lindsey predicted medium-term and long-term interest rates would increase as a result of ''enormous'' global
demand for capital which was needed for refinancing and recapitalization rather than investment.

dailynews.yahoo.com

Haim



To: Sonki who wrote (15167)4/5/1999 12:25:00 PM
From: Dennis  Respond to of 64865
 
Sonki......how was your weekend???....Great I hope.....sunw is pushing 130 today.....are you raising your targets????? TIA

You posted:

Valuation using Sun Microsystems's current multiple
(P/E):

Fiscal Year Est Low/High Price Range Avg. Est. Price
% Change for Average
6/1999 $155.31-$169.02 $159.31 26.25%
6/2000 $173.01-$202.70 $191.28 51.59%