Auric Goldfinger's Short List Message Board

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Non-Tech : Auric Goldfinger's Short List

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To: RockyBalboa who wrote (6457)	10/18/2000 12:49:45 PM
From: Sir Auric Goldfinger	Read Replies (1) of 19428

All the news that's fit to print: "DJ Sun Micro: Shares Gyrate Wildly On Supposed 1Q Earnings By Donna Fuscaldo Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Shares of Sun Microsystems Inc. (SUNW) gyrated wildly late Wednesday morning after the company's first quarter earnings report appeared to have been posted on its corporate web site. The company was expected to release its earnings after the market closed Wednesday. Sun Microsystems officials were not available for comment. It was not immediately known if the company inadvertantly posted the release. The Nasdaq has since halted trading in the stock for news. The report, which has since been removed from the Sun Microsystems web site, stated that its earnings per share rose 88% in the first quarter, setting a record for that period. Also, the headline on the release said first quarter net income grew 85% and sales grew 60%. Sun Microsystem's shares were trading at $114, up $2.625, on volume of 34.5 million shares. The stock traded between $118.75 and $102.75 Wednesday before the halt.

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