SUN microsystems: 7/18/96 quarterly report - BIG! Message Board

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Technology Stocks : SUN microsystems: 7/18/96 quarterly report - BIG!

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To: Carmine Cammarosano who wrote (313)	9/12/1996 1:51:00 PM
From: Joe Rizzo	of 386

Spoke to Sun's Investor Relations today--very positive comments I thought: --Still 30 to 45 day delivery time for high end servers; this is deemed too high. Despite component availability, can not meet demand. Suppliers can not provide enough Sparc Chips. --Company has not seen slowdown in Europe as other competitors. --Certain areas such as Latin America and parts of Asia are growing at faster than company average. --CFO was upbeat at last public conference a week ago. --Company is still trying to work down backlog from $550 mm level. --Orders were solid in the slow August, so company is hopeful that September sustain trends. Separately, Scott McNealy was interviewed on CNBC today. He stated that he has never seen customers as "rabid" about anything as they are about Java and thin clients. This interest is generating alot of high margin business such as servers, software, tools, consulting, etc. I still believe Sun does at least $1.9 billion in revenues this quarter and at least $.68 eps, which is well above consensus. Joe Rizzo JMR Trading

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