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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (14875)3/21/1999 12:11:00 AM
From: Crazy Canuck  Read Replies (2) of 64865
 
>>I've just been thinking about earnings. It looks to me like Sun will meet expectations (.70 according to Yahoo!) if revenues increase from last year by about 19% _without_ any margin improvement (according to Value Line they were .59 last year in the March quarter). With a little margin improvement, we could see an upside "surprise." What does everybody think?<<

If my memory serves me correctly, didn't Sun say that some of their sales last quarter couldn't be processed as a result of the delays caused by their new financial system switch over etc. As a result, these sales would be processed in the next Q (this one). If this were true, I would expect that their revenues would be somewhat higher than they would be for the normal quarterly sales expectations. By how much higher is anyones's guess.

I would appreciate it if someone with a better memory than me could confirm, or dismiss, what I have just said.

Thank you.

Crazy Canuk
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