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Technology Stocks : All About Sun Microsystems
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To: Elroy who wrote (63928)7/26/2006 12:33:36 AM
From: E_K_S  Read Replies (2) of 64865
 
Sunw did state that they achieved higher revenue growth in both computer systems and services. I suspect Storage Tech's activity could have been folded into these numbers.

"...On a conference call to discuss the results, Schwartz highlighted Sun's computer-systems business, which turned in sales of $1.81 billion, up 15% from a year ago. Sun's services revenue also showed strength, rising 25% to $1.3 billion. Schwartz added that he was "pleased with our initial progress" as the company goes through its latest restructuring...."

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It really does not matter how they get there because with all their restructuring SUNW is a different company with a whole suite of different products and support services from that of several years ago. What is important is that they continue to keep and grow their customer base which has had every chance to move on to Dell, HPQ and IBM.

Once the cost cuts are completed, SUNW should finally see profits to their bottom line. If they can obtain modest growth from their different (restructured) businesses, it will be a huge positive for the company. The next few quarters will tell that story.

Too many investors have written off SUNW as a dying company ala SGI.
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