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Technology Stocks : All About Sun Microsystems

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To: JC Jaros who wrote (18066)7/22/1999 6:56:00 PM
From: Mephisto  Read Replies (3) of 64865
 
"We had a terrific fourth quarter; our team really delivered. We
continue to gain market share versus our competitors as we achieved
record revenue and net income levels in both the fourth quarter and
fiscal year 1999.

Sun's success has come as a direct result of our relentless focus on network computing," said Chief Executive Officer Scott McNealy. McNealy added, "For some time now, we have been saying we are the dot in .com, meaning everything we do is explicitly aimed at providing the products, technologies and services for companies to harness the power of the Internet and transform their business to an online services driven model. We offer everything from core technologies like JavaTM, JiniTM and JiroTM, to the performance and reliability of the SPARCTM microprocessor and SolarisTM operating environment, which power our systems and storage products. Our Enterprise services continue to grow as we provide customers the expertise to architect, design and maintain the .com business."

McNealy concluded, "We've based our solutions on open interfaces and industry standards-an approach that encourages innovation throughout the industry and gives customers greater flexibility and choice. Our customers seem to agree-they've made Sun one of the world's top providers of network computing solutions."

Michael E. Lehman, Sun's Vice President of Corporate Resources
and Chief Financial Officer,
commented, "Sun continues to experience momentum in the market place, as evidenced by our record shipments during the quarter as well as the tremendous growth we are seeing in newer markets such as e-commerce and service providers."

Dear JCJ, is this not GREAT NEWS? Didn't MSFT warn that their revenues would not grow so fast in the future? By contrast, Sun suggests they expect to pick up momentum!!!

Mephisto

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