Here is another one. SUNW, I mention this week sometime, that I thought SUNW will have a harder time to stand out from the rest of the server vendors, throw in the obvious new economy myth, plus CEO's comments below, you have another one to look at as short candidate. You really have to buy into and get yourself in the mode to think like a short, to be any good at it. That doesn't mean you have to be ass about it, but using the terms mentally like POS, PIG are helpful. LOL Given your obvious tendency to gravitate to the dark side you should be a natural. LOL
<<Sun Microsystems Memo Tells Workers to Cut Costs, CNet Reports
Palo Alto, California, Dec. 20 (Bloomberg) -- Sun Microsystems Inc. Chief Executive Scott McNealy said the computer maker will need to cut costs and be more circumspect in its hiring as the U.S. economy slows, Cnet's News.com reported.
In a memo sent to employees Tuesday, McNealy praised Sun Microsystems's ``stunning'' revenue growth, but said employees should mind the cost-controlling measures put in place this quarter, CNet said.
``We will have to respond to changing economic situations in our spending and hiring decisions,'' McNealy said, according to the Web site. The cost-cutting measures include the delay of some projects, CNet said, citing Sun Executive Vice President John Shoemaker.
McNealy denied reports of delays in systems based on its new UltraSparc III chip, CNet reported. >>
Greg |
