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Technology Stocks : All About Sun Microsystems

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To: cfimx who wrote (38171)11/24/2000 5:46:35 PM
From: paul  Read Replies (1) of 64865
 
since you asked..

dailynews.yahoo.com

NEW YORK (Reuters) - Shares of Sun Microsystems Inc.
(NasdaqNM:SUNW - news) and Hewlett-Packard Co. (NYSE:HWP -
news) rose sharply on Friday after research firm Dataquest said European
shipments of large computers that manage corporate networks and Web sites
rebounded in the third quarter.

H-P shares rose $1-9/16, or 5 percent, to $35-1/4, making it a top
percentage gainer on the New York Stock Exchange (news - web sites). Sun
rose $3-1/4, or 4 percent, to $83-1/4 on Nasdaq.

International Business Machines Corp. (NYSE:IBM - news) rose $3 to
$101-1/2 on the NYSE.

Dataquest data showed demand for powerful business computers, known as servers, rebounded. Europe saw
two sluggish quarters as corporate customers took a breather after heavy spending ahead of the millennium date
change.

Stronger than average growth was noted in Britain, Switzerland and the Nordic countries, Dataquest said.

Companies increasingly invested in reliable, powerful servers that run the Unix (news - web sites) operating
system, with shipments of Risc/Unix servers soaring by 43 percent over the year-earlier period. Shipments of
systems that run on chips made by Intel Corp. (NasdaqNM:INTC - news), often running Microsoft Corp.'s
(NasdaqNM:MSFT - news) operating system, rose by only 1 percent.
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