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


To: jont who wrote (16514)5/20/1999 3:14:00 PM
From: Alok Sinha  Read Replies (1) | Respond to of 64865
 
If five different brokers are reinforcing buys and strong buys today, why is the stock weak (association with hardware makers, hangover from Dell report maybe ??). My guess is that the mid-quarter update resulted in the stock jumping from 50s to 60s. The broker reiterations are occuring after the smart money has already moved in.

Regards

Alok



To: jont who wrote (16514)5/20/1999 4:47:00 PM
From: Mephisto  Respond to of 64865
 
Broker recommendations that I bring up on Yahoo are positive. They update weekly:

Strong Buy
9
Moderate Buy
10
Hold
4
Moderate Sell
0

Like Alok, I believe smart money has moved into SUNW already.
Strong Sell 0



To: jont who wrote (16514)5/20/1999 6:04:00 PM
From: Stormweaver  Read Replies (1) | Respond to of 64865
 
Current PE is 56 and institutional ownership is already at 65% and it's about to drop below it's 50 day moving average. It will take some big numbers or positive news to jumpstart.