SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JC Jaros who wrote (39096)12/12/2000 8:41:36 PM
From: Prognosticator  Read Replies (2) of 64865
 
Ok Chaps. Take it easy now, but I have stumbled across the real reason for the recent drop in SUNW's price. Simply put, they haven't warned about lower than expected earnings. I strongly believe (split-infinitive but whatever...) that SUNW should come out and tell the truth: that their earnings are going to fall short of Wall-Street estimates. Far short. A whole -3%** shortfall or so.

Then we can see an after-hours surge just like Intel and others who issued warnings recently. The company, simply put, has lost all credibility at this point, and should fess up. Here's my proof:

thestreet.com

P.

(**remember, two negatives a positive doth make)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext