The following news from Yahoo. The earing of % 0.27 after 2 for 1 stock split adjested is different with the other one of $0.41. Anyone can tell which one is correct. Also what is next support level for SUNW?
----------------Check the following news---------
Thursday October 16 5:12 PM EDT
Sun Microsystems Posts $0.27 1Q EPS After Charge vs. $0.32 EPS
SUN MICROSYSTEMS INC. Interim Consol. Earns.: Sept. '97--Thou. $
Ticker: SUNW (news)
Highlight: INE
Date: 971016
3 Mos. to:
Sept. 28 '97
Sept. 29 '96
Revenues
2,098,604
1,859,019
Net income
+108,433
123,390
*Sh. earns.
$0.27
$0.32
*As reported, adjusted for a two-for-one stock split of record in Nov. 1996.
+Includes a charge of $52,184,000 from the write-off of in-process research and development.
Oct. 16, 1997, Sun Microsystems Inc. announced Sept. '97 three-month earnings per share of $0.27 vs $0.32 for same period a year
ago.
Results have been adjusted for a two-for-one stock split of record in November 1996.
Results for 1997 includes a charge of $52,184,000 from the write-off of in-process research and development. |
