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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Paul Shread who wrote (33434)	10/18/2000 12:01:15 PM
From: drsvelte	Read Replies (1) of 42787

11:52 ET Sun Microsystems (SUNW) 113 5/8 +2 1/4: Novellus redux? Sun appears to have posted a headline for tonight's earnings release on its site. The headline reads: "Sun Microsystems Reports EPS Up 88% In Record First Quarter. First Quarter Net Income Grew 85% On Revenue Growth Of 60%". If these numbers are correct, they would imply EPS of $0.32 relative to estimates of $0.25, and revenue of approximately just over $5.0 bln relative to estimates of $4.4-4.5 bln. Those EPS and revenue numbers are our calculations based on the stated growth rates in the headline, we cannot speak to the accuracy of the headline on the Sun website, however.

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