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

To: SteveC who wrote (30687)	4/13/2000 5:43:00 PM
From: 2brasil	Respond to of 64865

Sun Microsystems Earnings Soar PALO ALTO, Calif. (AP) - Sun Microsystems Inc.'s (NasdaqNM:SUNW - news) operating profits rose 49 percent in the latest quarter, easily beating Wall Street forecasts in the midst of brutal slide by technology stocks. The maker of computer servers and workstations for businesses earned $436 million or 26 cents a share during the company's third quarter ended March 26. The results reported Thursday exclude an investment gain and other one-time factors that gave Sun a net profit of $508 million for the period. In the same quarter last year, Sun's operating profit totaled $291.9 million, or 18 cents a share. Industry analysts surveyed by First Call/Thomson Financial had forecast earnings of 23 cents per share for the latest quarter. Sun also said its revenues climbed 35 percent to $4 billion compared with a year ago. The report, released after the close of regular trading on Wall Street, came a day after strong showings by computer chip makers Advanced Micro Devices and Altera Corp. (NasdaqNM:ALTR - news) But although those results seem to indicate that the technology and Internet industries are still going strong, investors have been punishing nearly every company in those groups, fearful that the bottom line at most of those businesses won't justify the powerful rally of the past year. Sun's stock was on the upswing Thursday before a late selloff on the Nasdaq Stock Market left it $2.25 a share lower at $77.75, well off the 52-week high of $106.75 reached last month. But after the earnings report, the stock pushed above $79 in extended trading on other markets. E-mail this story \| Printer-friendly format

To: SteveC who wrote (30687)	4/13/2000 6:03:00 PM
From: tiquer	Read Replies (1) \| Respond to of 64865

-Just asked about "what happens if the dot'.com market goes sour... Could be a weed out, but feels sun is very well protected providing the systems... They were a little fickle about this question.. didn't answer too well. -Gateway strategy... Gave gtw ability to put sun ready stack on servers, java stuff, star office, netscape server.. etc can do all for free... -Enormous acceleration in product revs, but not service revs.. why not??? Services growing are growing faster.. bad question... -Comment on Dot.com thing again.....numbers of dot.coms joining.. 750..etc???? McNealy..small dot.coms are nothing compared to the biggie's... etrade, lucent, enron etc... Key is to have the small dot.coms, the developers, on Sun/Solaris which will grow or get bought out... -730 dot.coms.?? what is this number... 730 number is design wins in the quarter.. what ever that means.. -Linux problem.. Linux is another Unix.. this is good.. creates more demand for Solaris.. can allow solaris to extend with open APIs, Don't compare numbers for NT or Linux at home or small scale business. -Voice over IP.. demand growth for server side... Third phase of growth is entertainment... gaming, broadband entertainment.. Voice over IP.. not impacting revenue right now, but everyone is developing in this area on Solaris... not predicting when it will happen but eventually will and likely on Solaris -backlog growth... issues with manufacturing capping out?? what doing to ensure it doesn't become issue... can continue at 35%? i didn't catch all of this... looks like they have the ability... -Growth acceleration... could continue, but in the end they just want to grow faster than competition... Thanks the best i could do... Much more said.. Roger