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Intel Corporation Message Board

  • luvglw2000 luvglw2000 Oct 22, 2001 5:56 AM Flag

    STRONG BUY $33.00 MUST OWN STOCK SUNW

    Market Report -- Short Stories (SUNW, IBM)
    October 21, 2001 2:44:00 PM ET
    Sun Microsystems (SUNW) -- AG FIRST CAPITAL reiterates Strong Buy rating and price target of $33; believes that many of the company's current issues, increased competition from IBM and gaining on IBM and EMC, Economic slowdown, all factored in as shares should regain highs by this coming June. Slowing down, will be behind it heading into late 2002/early 2003; notes that buying SUNW shares at today's depressed levels makes smart sense for the short and long-term investor. SUNW has 6 billion in cash war chest for take-overs.












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