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Technology Stocks : All About Sun Microsystems

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To: Sueponine who wrote (14883)3/21/1999 11:24:00 AM
From: QwikSand   of 64865
 
Amidst all this unbridled optimism, let me remind everyone of what Sun CFO Mike Lehman said in Feb. to TheStreet.Com:

Lehman: ... For one thing, we have told the Street that our [revenue] growth rate will be higher than in the first half of our fiscal year, when it grew 16%. But analysts are already putting a 20% revenue rate out there, and that's a figure we are not guiding analysts toward ....

(Excerpt from thestreet.com

That sounds to me like an explicit backing-away from a 20% number.
Remember treetopflier and Dale J.'s recent exchange? They're shorting the stock because of unrealistic expectations. They figure that with all the hype even a good report won't be good enough. I hope they're wrong about everything.

Regards,
--QwikSand
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