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Teri G

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Alias Born 07/22/2002

Teri G

Re: None

Wednesday, 09/11/2002 3:46:38 PM

Wednesday, September 11, 2002 3:46:38 PM

Post# of 704019
15:43 ET SUNW Sun Microsystems pressured by Hitachi, debt rumor (3.38 -0.13)
Shares are conspicously weak on a day that most hardware names have been in positive territory; we're hearing speculation among traders that the shares are getting hit (along with IBM -1.6%) on Hitachi's preannouncement and talk of pricing pressure at Hitachi Data Systems; in addition, we're also hearing rumors that SUNW may get hit with a debt downgrade (although this would have little more than a psychological effect, since the co has very little debt).


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