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Technology Stocks : All About Sun Microsystems
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To: Steve Lee who wrote (47267)2/6/2002 4:21:31 PM
From: techtonicbull  Read Replies (4) of 64865
 
Sun Microsystems (nasdaq: SUNW - news - people) Chief Executive Scott McNealy thinks his firm stands head-and-shoulders above the rest of the often floundering dot-com crowd. McNealy told an investment conference in La Quinta, Calif., that he was sticking with previous guidance and that Sun would return to profitability in the June quarter. "The good thing about Sun is we took advantage of the [dot-com] bubble," McNealy said, adding that his firm had built up its brand name and a $6 billion cash stockpile over the last few years, despite a large part of its customer base evaporating with the dot-com meltdown
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