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Technology Stocks : All About Sun Microsystems

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To: cfimx who wrote (53751)	4/16/2003 4:22:19 PM
From: miraje	Read Replies (1) of 64865

i think there is a music company for sale. ;-) More like "The song remains the same". Those once fat margins keep on shrinking. Of course it's all Bill Gates fault, LOL!! biz.yahoo.com Reuters Sun Micro ekes net profit as revenue declines Wednesday April 16, 4:07 pm ET LOS ANGELES, April 16 (Reuters) - Computer maker Sun Microsystems Inc. (NasdaqNM:SUNW - News) on Wednesday reported a slim quarterly profit, reversing a year ago loss, as revenue declined for the eighth consecutive quarter. Santa Clara, California-based Sun, which makes computers that manage networks, reported a net profit of $4 million, or nil cents per share, in its fiscal third quarter ended in March, compared with a year-ago net loss of $37 million, or 1 cent a share. Revenue fell to $2.79 billion from $3.11 billion. Sun's profit met the average forecast of analysts polled by tracking firm Thomson First Call (News - Websites). They had seen Sun reporting between a loss of 1 cent to a profit of 2 cents. Revenue was pegged at $2.93 billion.

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