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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (15363)4/13/1999 6:53:00 PM
From: QwikSand   of 64865
 
PLEASE NOTE: This post concern's Intel's conference call. All numbers cited concern INTC, not SUNW.

Intel reported 0.57 which appears to beat expectations but is in fact down year-over-year because .08 of it is "interest and other" from selling some of the hyper-appreciated internet shares they own. I listened to the conference call, & one of the analysts called 'em on it & their CFO gurgled his way through an answer. Looks like INTC needed to massage the numbers a little to make estimates. Forward guidance was muted.

I saw a post on another thread that INTC (nb: not SUNW) is trading down around 56 on instinet. This bodes ill for tomorrow. SUNW may be in enough of a hole by Thu. pm. that it's hard to climb out no matter what it reports.

Regards,
--QwikSand
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