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Technology Stocks : All About Sun Microsystems

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To: JC Jaros who wrote (21970)10/28/1999 8:19:00 PM
From: paul  Read Replies (1) of 64865
 
Nice clip on Sun vs. HP ...

"..Cross-town rival Sun Microsystems on Oct. 14 reported fiscal first-quarter earnings excluding acquisition-related charges of $471.1 million, or 33 cents a share, from $113.9 million,
or 14 cents, a year ago. Revenue growth blew the doors off analyst expectations, surging 25 percent to $3.12 billion from $2.29 billion as orders rose 19 percent.

Sun's Chief Executive Scott McNealy said at the time his company was making inroads against competitors, such as Hewlett-Packard and cross-country rival, International
Business Machine Corp., Armonk, N.Y.

``If you take a look at Sun Micro, they're kicking butt and taking names,' Wu said. ``H-P's products aren't bad, they were just out-hustled and out-marketed by Scott McNealy and
Ed Zander,' Sun's president and chief operating officer."

dailynews.yahoo.com
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