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Technology Stocks : All About Sun Microsystems

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To: QwikSand who wrote (30386)	4/10/2000 6:03:00 AM
From: JDN	of 64865

Dear QS: Here is another one regarding sunw earnings coming out. JDN Sun Microsystems (NASDAQ: SUNW - Quotes, News, Boards) is expected to post earnings of $0.23 per share on April 13, according to I/B/E/S. As a leading provider of networking servers, Sun has met or beaten estimates in each of its last six quarters. As we noted in our last Magic 25 update management sounded confident of published estimates and said that the business activity looked great across all segments. In fact, Friday afternoon Bear Stearns said there is potential upside to Sun?s quarterly results, thanks to strong server sales. The brokerage said that it could see sales growth of 25% or better. It is looking for earnings to come in at $0.21 per share, below the consensus. Meanwhile, Sun?s business is slowing in Japan due to the slightly weaker local currency. But, since Japan represents 10% of Sun?s business, we don?t believe that this will materially affect earnings.

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