September 17, 2004

IT Investor's Journal: Sun's lack of focus continues to be problematic

Author: Melanie Hollands

Why are people suddenly praising Sun Microsystems and its prospects? Sun's stock has been touted by two organizations this past month as a good buy. I continue to disagree and regard SUNW to be range-bound (in a $3.50 to $4.50 range) in the absence of a positive fundamental catalyst(s) to propel it into a sustainably higher trading range.
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