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Technology Stocks : All About Sun Microsystems

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To: E_K_S who wrote (40546)1/18/2001 5:03:07 PM
From: E_K_S  Read Replies (2) of 64865
 
From Briefing.com:

January 18, 2001

"...Sun Microsystems (SUNW) 34 7/8: Management adopting a somewhat defensive tone on conference call regarding lightly weaker than expected revenue growth... Noted that it continue to gain "significant market share." Also pointed to strong sales gains across geographies, emphasing robust European and Asian growth... But most of the news is less than spectacular, as company sees Q3 revenues in line with Q2... Projection of 30%-35% top-line growth for FY01 also slightly below prior estimates... Stock down more than one point in early after hours trading...."

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EKS
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