Skip to main content

Sun Microsystems Moves Lower on Downgrade

  • Author:
  • Publish date:

Sun Microsystems

(SUNW) - Get Free Report

was down 3% after

Bear Stearns

analyst Andrew Neff downgraded it and

EMC

(EMC)

to attractive from buy, citing signs of a slowing economy. Neff maintained his estimates for the two tech giants but said they were "at risk." EMC was down 4.2% in preopen

Instinet

trading.