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

To: Charles Tutt who wrote (32136)	5/20/2000 2:25:00 PM
From: JC Jaros	Respond to of 64865

June 6-9. Yeah Charles, a fellow who did short term trades might anticipate bonus SUNW demand that week and make a few dollars. (IMO) -JCJ

To: Charles Tutt who wrote (32136)	5/21/2000 6:36:00 AM
From: JDN	Read Replies (2) \| Respond to of 64865

Dear Charles: I found the below interesting, especially since it dovetails into why I have always felt leading edge technology a good investment. JDN forbes.com Departments: The most valuable companies in the economy By Michael S. Malone -------------------------------------------------------------------------------- The April 3 issue of Forbes ASAP presented a collection of metrics that measured, for the first time, the worth of corporate intangible assets. As we noted at the time, these intangibles, often known as the "intellectual capital" of companies, have become far more important to corporations than the tangible assets measured by traditional financial accounting. This new Value Creation Index is the result of a yearlong joint venture of this magazine, the Ernst & Young Center for Business Innovation, and the Wharton School's Research Program on Value Creation in Organizations. We also promised to apply those metrics to leading companies in key industry sectors to show their real value and, in the process, conduct the first true intellectual capital audits. Below are the winners. We began by choosing three vitally important industrial sectors. First up is durable manufacturing because it traditionally contains the most powerful companies in the economy, as well as the largest employers. HERE'S WHAT OUR RESEARCH FOUND DRIVES CORPORATE VALUE IN DURABLE MANUFACTURING (IN RANK ORDER): 1. INNOVATION 2. ABILITY TO ATTRACT TALENTED EMPLOYEES 3. ALLIANCES 4. QUALITY OF MAJOR PROCESSES, PRODUCTS, OR SERVICES 5. ENVIRONMENTAL PERFORMANCE 6. BRAND INVESTMENT 7. TECHNOLOGY 8. CUSTOMER SATISFACTION (For further explanation, see the April 3, 2000, issue of Forbes ASAP or Forbes.com). WE FOUND THESE COMPANIES WERE THE TOP VALUE-CREATING U.S. FIRMS IN DURABLE MANUFACTURING (IN RANK ORDER): 1. INTEL 2. HEWLETT-PACKARD 3. SUN MICROSYSTEMS 4. LUCENT 5. CISCO SYSTEMS 6. EMC CORPORATION 7. COMPAQ 8. MOTOROLA 9. FORD 10. CORNING It's probably no surprise that Intel is No. 1. Almost 20 years ago, then-columnist Ben Rosen declared Intel the most important company on the planet. Company chairman Andy Grove was named Time's Man of the Year, and, for much of the late '90s, Intel was, if measured by market capitalization, Silicon Valley's most valuable company. Nor should it be too surprising that the company that recently garnered the top market cap spot, Cisco Systems, is No. 5 on our list. More interesting is the fact that three-quarters of the list is composed of technology companies-suggesting that the changes wrought by the digital revolution are now nearly complete. Still, there are some eye-openers. Venerable HP, Silicon Valley's oldest company, at No. 2? Lucent at No. 4? Motorola at No. 8? Apparently giants, even old tech giants, can learn to dance. Also intriguing is troubled Compaq at No. 7, while competitors Dell and Gateway don't even make the list. This suggests a resilience in the Houston PC maker that a smart new exec might use to put the firm back on top. Now for the real shocker. Look at No. 9. An old megacorp from another era. Why Ford among automakers? A clue came within days after we completed the audit: Ford announced that it was giving a PC to every one of its employees. This is a company that understands the value of tech. Next, nondurable manufacturing. We were curious about this vast and lucrative sector precisely because it has not (until recently, as we shall see) been distorted by the presence of technology companies. Next Page Back up -------------------------------------------------------------------------------- Current Search Archives Home Forbes Digital Tool Webmaster Gilder Archives Copyright ¸ Forbes 2000