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Replies to post #10897 on MMCLUB

Replies to #10897 on MMCLUB
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m_winston

07/31/07 10:03 AM

#10898 RE: lacymarie #10897

Sun Micro (SUNW) 2008 estimates raised at Goldman Sachs to $0.24 from $0.17, following Q4 results that showed better than expected operating margins. Overall storage growth remains poor, with mediocre server growth. Price target lowered to $6.50 from $7.35 but maintained Buy rating.

I would say that Goldman seems a bit confused on how to rate a company. A buy but lowering their target on good earnings....Huh!(or Duh!)