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Technology Stocks : All About Sun Microsystems

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To: bill eagan who wrote (4673)	10/16/1997 7:59:00 AM
From: Paul Bush	of 64865

Does anyone know what First call earnings estimates are for SUNW? Revenue estamates? Zacks has .44 ML is expecting .41 (which looks low) Zacks and First Call often differ, but First Call is usually used as the reference. From WSJ online today: Also expected to announce earnings today is Sun Microsystems Inc., which will report for its fiscal first quarter ended Sept. 30. Merrill Lynch's Mr. Milunovich says he expects Sun will report a 30% rise in net to $161 million, or 41 cents a share, from $123.4 million, or 63 cents a share, for the same period a year earlier, when it had only about half as many shares outstanding. Revenue may have risen 21% to $2.3 billion from $1.9 billion, he said. Sun's profit should be helped by strong sales of its Unix-platform servers, because competing products from Hewlett-Packard and IBM haven't yet been released.

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