QS,
I dunno, that's revenues + 44%, orders +32%, net +56%, eps +60%.
Those look like good numbers to me... Sun is growing fast, no doubt about it. Those numbers are really good for a small-cap tech company.
Sure, the order backlog has helped tide them over the fed-inspired "economic slowdown", but I don't see anything standing in the way of >= growth over the next couple of quarters, do you??
If anything, had there been no slowdown, the numbers would have just been than much higher. No matter, the market is still there. Sun still doesn't have any competition outside IBM. USIII is on the way. There's a low-end commodity server strategy in place. The company is still going full-steam ahead.
If analysts and investors are too stupid to see this right now, then we are in a primo buying opportunity (like in '98). Once they catch on, the longs are already in place and they'll bid up our share price sure as the Sun rises in the east.... |
