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

To: Sonki who wrote (21195)	10/14/1999 4:34:00 PM
From: E_K_S	Respond to of 64865

Some McNealy comments: ''Our success in the first quarter came at the expense of our traditional competitors,'' said Chief Executive Officer Scott McNealy. ''We gained share in many of our key markets, especially in servers for the Internet and service providers. Many are talking about 'e-everything' strategies while we are delivering real solutions for the service-driven network. Sun is powering the 'Net.' ''The public challenge to Sun by HP, IBM and others would be even more of a concern if we were fighting against new and improved strategies, but we're not. If imitation is the highest form of flattery, we are 'very' flattered.'' McNealy added. ''Our biggest challenge now is to deliver on the very same vision we pioneered in the mid 90's -- giving access to anyone, anyplace, anytime on any type of device. '' ''Our customers seem to get it. They're implementing Sun's vision of network computing throughout their infrastructure; reducing costs, streamlining processes and making the web their application platform. In just over a month, they have already downloaded nearly one million copies of our StarOffice(TM) productivity suite. The Java(TM) 2 platform is already in excess of 1.1 million downloads and the Chorus OS(TM), our embedded operating system, has shipped more than 4.5 million copies. Add the rapid adoption of Solaris(TM) throughout the Internet and enterprise and you can see that we are making a great deal of progress with our 'Portal.com,' net-based software initiative.'' McNealy concluded, ''On the management front, we are excited to have Pat Sueltz on board as the President of Sun's Software Products and Platforms division. Pat has an extensive background in general management and vast experience as an impactful 'heavy hitter' in the software industry.'' ================================================================== We are stealing market share from IBM and HWP. Sounds good to me. EKS

To: Sonki who wrote (21195)	10/14/1999 4:53:00 PM
From: E_K_S	Read Replies (1) \| Respond to of 64865

Figures from Conference Call: Overall Gross Margin 51.8%! Services Gross Margins trending at 30%. Lot's of free flow cash flow...$380 million for the quarter. 19% order growth and trying to work down the backlog. Overall Revenue Growth 25%: Japan up over 39% from prior year Asia/Latin America up over 23% from prior year Europe up over 23% from prior year. ============================================================= Conference call still in progress. Ed Zander speaking now (from London) with McNealy to follow. EKS