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Technology Stocks : All About Sun Microsystems
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To: cfimx who wrote (62183)10/15/2004 2:09:14 PM
From: DiViT  Read Replies (1) of 64865
 
Sun Keeps Investors in the Dark

To judge by the confusing numbers and tumultuous conference call yesterday, Sun may end up leaving many investors feeling the same way. To begin with the nitty-gritty: Sun's quarterly loss was less than last year's, coming to one negative nickel per share instead of -$0.09.

But that second consecutive increase in revenues touted in the headline to the earnings release? Almost a whopper. The reported 3.6% sounds pretty slim already, but when you strain out the 3% gimme resulting from the dollar's continued freefall, the progress stands at a measly 0.6%. (Yeah, nice of them to leave that little tidbit out of the release.)

Full article: fool.com
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