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Technology Stocks : SUN microsystems: 7/18/96 quarterly report - BIG!
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To: Jeng Chiu who wrote (57)7/11/1996 7:18:00 PM
From: Mike Riley   of 386
 
My bad. According to the July 15th issue of Forbes magazine, only 46.9% of Sun's revenues come from abroad. But, according to the same source, 63.8% of Sun's PROFITS come from overseas. This, it would seem, only underscores my point even more. Your claim that HP is more sensitive to currency fluctuations is dubious. 61.2% of Hewlett-Packard's profits come from overseas, about the same as Sun.
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