Sun Microsystems Moves Lower on Downgrade
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.