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Technology Stocks : All About Sun Microsystems

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To: LKO who wrote (7080)	1/20/1998 9:26:00 AM
From: cfimx	of 64865

Don't look so much at earnings. Earnings growing faster than revenue can't go on forever. Just do the math on that one. This is from the latest earnings release: "For the first six months of fiscal 1998, Sun reported revenues of $4.549 billion, up approximately 15 percent. Net income, excluding one-time charges related to acquisitions, was $386.4 million, up 28 percent over the same period a year earlier. Earnings per share, excluding these one-time charges, was $.98, an increase of 27 percent over the corresponding period a year ago." Most people see the first quarter as an air pocket and now sunw is off to the races again. That is for you to decide.

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