Wall Street seems to spend most of its time trying to beat Sun Microsystems Inc down (it doesn’t give much guidance to analysts, which means they have to do their own work), so it’s news that Bear Stearns & Co raised Sun to strong buy from buy after the company held a conference call with analysts: the firm’s Clifford Friedman reckons that the company has many areas of growth opportunity, including personal computer network management, Internet services and video servers for business applications; company executives also described how they intend to be more accessible and visible, and the analyst likes the fact that IBM is to distribute Solaris on PowerPC – it will be available on Power Personal Systems in the first half of 1995.
