SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Alok Sinha who wrote (8417)3/20/1998 5:01:00 PM
From: Charles Tutt   of 64865
 
HP's press release certainly doesn't sound like they're out to "break the Java standard" to me, and Sun's press release seems to agree with me -- only the Wall Street Journal seems to interpret things differently, and there's no telling where they got their information. That Microsoft will license HP's engine seems to me to be an admission that their own efforts are off track.

I think there's a good chance Sun will exceed estimates this quarter because of:
1) Darwin;
2) Starfire and the Enterprise line;
3) Storage (as pointed out by Eric in post 8411);
4) Improved component costs as a result of Asian devaluations;
5) Tempered expectations (Zack's on Yahoo is showing 60 cents compared to last quarter's 57 cents. Historically, Sun's earnings increase 3-6 cents in the March quarter over the December quarter, so expectations are on the low end.);
6) Continued strong economy in the US, and continued growth of the Internet;
7) Uncertainty and weakness surrounding its competitors (e.g. DEC being acquired, and highly publicized security holes in NT).

However, I agree with you that the market is fickle (and is also IMHO starry-eyed about Microsoft to the detriment of Sun).

FWIW, I bought more at the close today. I think at least part of today's price movement may have been options-related.

All JMHO, of course, and not intended as investment advice.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News