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Technology Stocks : All About Sun Microsystems

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To: Carmine Cammarosano who started this subject	2/28/2001 4:00:05 PM
From: DiViT	Read Replies (2) of 64865

Dot Bomb Fallout: Cheap Used Computers on Weak Market dailynews.yahoo.com By Peter Henderson SAN FRANCISCO (Reuters) - Every real dot-com had a powerful server to keep its Web site humming. Every dead dot-com has one to sell. And that is an equation that doesn't add up to hefty growth for the companies struggling to sell new computers in a thin market, though just how bad the damage may be is an open question so far. ... ``If we are talking about dot-coms in particular, certainly Sun has led the way into moving equipment into that space, so you would think it would lead the backlash into moving equipment out of that space. Cisco (Systems Inc. (NasdaqNM:CSCO - news), the network infrastructure maker) is another one,'' Clarke said. Merrill Lynch analyst Thomas Kraemer included the glut of dot-com equipment as a reason for downgrading Sun, which he did last week, a day before Sun lowered the bottom ends of quarterly revenue growth rate and earnings per share forecasts to about half what Wall Street had expected. ``More used equipment from dot-coms is coming,'' Kraemer wrote. ... Full article: dailynews.yahoo.com

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