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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (13708)8/30/2002 2:02:00 PM
From: stockman_scott  Read Replies (2) of 57684
 
Sun Microsystems disappoints Street

marketwatch.com

<<..."As the weak IT spending picture weighs on the sector, Sun is also challenged by several company-specific issues," wrote J.P. Morgan analyst Bill Shope. "We believe that Sun continues to grapple with a core market slowdown and increasing competition."

In the low-end, Sun is facing a threat from the Microsoft-Linux industry standard server vendors, such as Dell, he told clients. The threat is starting to creep up into the midrange Unix server market, where pricing competition is fierce. In the high end, Sun faces off with IBM and Hewlett-Packard (HPQ: news, chart, profile)...>>
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