When we downgraded the PC stocks in September, we were concerned about signs of weak consumer demand -- which has continued to deteriorate,

It's going to take a couple weeks to get a decision but both sides will declare victory tomorrow.

There was a sense of urgency present that we had not seen in either company prior to the challenge by Walter Hewlett. The question at this point is: Can they keep it up and deliver on expectations?

Sun is a turnaround story and a turnaround story requires confidence in the management. Our concern is not that there is something sinister, just that we have less visibility with the new team and what their goals and objectives will be.

When we downgraded the PC stocks in September, we were concerned about signs of weak consumer demand -- which has continued to deteriorate.

While both companies, EMC and Sun, are leaders... a slowdown in corporate information-technology spending can impact both companies' financial performance -- gravity is bound to take over.