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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Marvin Mansky who wrote (17377)	6/26/1999 12:28:00 AM
From: Charles Tutt	Read Replies (1) \| Respond to of 64865

I think they'll do better than $163.2 million. <g> Edit: BTW, I think the stock was back up where it had been by the end of Jan '98. JMHO.

To: Marvin Mansky who wrote (17377)	6/26/1999 5:27:00 AM
From: QwikSand	Read Replies (3) \| Respond to of 64865

This is a headline from October 16, 1997. Can this happen again? Marvin: Actually, Scott McNealy called me this morning at 2:00am and was very upset. He said that Sun was going to miss street estimates this quarter by 3 cents a share, and asked me what I thought he should do, because he didn't want the stock to go down. I told him to have Sun sell some YHOO, use the gains to shore up the earnings number, and hope the analysts wouldn't notice --Intel did that last quarter. But he said that wouldn't work because YHOO has already dropped to less than Sun paid for it and won't go up the needed $50 before the end of the quarter (next week). I asked him how much it would save if Sun dropped down one grade on the fabric they're lining the cubicles with in their new Colorado campus. He called back 20 minutes later and said less than a quarter-cent per share, and that included going with wooden stools instead of ergonomic chairs. We brainstormed moving all manufacturing operations to Kosovo, but decided that even if that was doable in a week, it posed too many risks to the next quarter until Milosevic is out. There are still a couple of ideas that we're kicking around, but I can't tell you about them. In fact Scott asked me not to tell anyone about any of this but I didn't think he'd mind if I made an exception in your case. So hopefully something will come through at the last second, but I think you've got to steel yourself for the worst. As a long term investor, it doesn't matter to me anyway. Chin up, old man. Regards, --QwikSand