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Technology Stocks : All About Sun Microsystems

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To: micromike who wrote (10296)7/1/1998 9:51:00 PM
From: E_K_S  Read Replies (1) of 64865
 
Sun Snaps Up NetDynamics (07/01/98; 7:44 p.m. ET)
By Sergio G. Non, TechInvestor
techweb.com

"...NetDynamics, based in Palo Alto, Calif., had sales of $13.3 million in 1997..."

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12.8 time sales is a high price to pay but they do get programmers and expertise. "...One of the "key objectives" in buying NetDynamics was to gain that software experience, Sun said..."

This purchase IMO should help SUNW maintain their 20% growth rate especially in years 1999 and 2000, when the JAVA software group must begin to contribute to the companies overall earnings.

EKS
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