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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 88.61-3.7%Nov 13 3:59 PM EST

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To: Ms. Baby Boomer who wrote (7831)10/3/2000 11:42:01 AM
From: Don Green  Read Replies (1) of 14451
 
IDC Ranks Sun Microsystems as Second Leading Provider in High Performance Computing MarketSun Strides Past IBM, Compaq With 20 Percent Market Share and $580 Million in Revenues

PALO ALTO, Calif., Oct 3, 2000 /PRNewswire via COMTEX/ -- Four years after entering the High Performance Computing (HPC) market, Sun Microsystems, Inc.
(Nasdaq: SUNW) has risen past IBM, Compaq and SGI to become the second leading supplier of HPC systems during the first half of the year. Powered by the strength of the company's flagship Sun Enterprise(TM) 10000 server (commonly
known as Starfire(TM)), the company leaped from a fifth-place ranking to a close second in the space of two quarters.

During the first two quarters of calendar year 2000, Sun(TM) represented a solid 20 percent of the market with revenue of $580 million, according to IDC's second
quarter report on the High Performance Technical Computer market. Sun's HPC market share is 20 times larger than it was in 1996, its first full year in the
market. Annual revenue since then has skyrocketed from $50 million to more than $1 billion.

In contrast, IBM trailed Sun with $571 million in revenue for the first six months of 2000; Compaq and SGI rounded out the list with revenues of $501 million and $348 million, respectively. Sun was a close second only to
Hewlett-Packard, which reported revenue of $597 million and led by a single percentage point.


In quarterly performance, Sun increased its net HPC earnings over the first
quarter of 2000 with $293 million in revenue during the second quarter. Overall
unit sales were also up during the second quarter, with a total of 4,138 systems
shipped.

"This meteoric rise is living proof of Sun's ongoing commitment to the HPC
market," said Steve Campbell, director of marketing, Enterprise Systems
Products. "To grow by a factor of 20 in four short years is an achievement in
this constantly evolving market. It's a testament to the investment we've made
in our HPC team, and to our leveraged strategy of addressing both commercial and
technical applications with a broad general purpose platform.

"We're looking forward to building on this momentum, as we continue to grow our
HPC market share and leverage HPC technologies for more commercial applications
such as bioinformatics and Web-centric supercomputing."

Sun's presence on the list mirrors its equally rapid growth on the June "World's
Top 500 Supercomputer Sites," where the company was ranked as the second-largest
provider on the list with 121 entries, and where it experienced the largest
growth among the top five providers. The IDC report can be viewed at www.idc.com.
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