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

To: QwikSand who wrote (38711)	12/8/2000 2:10:13 AM
From: chic_hearne	Read Replies (1) \| Respond to of 64865

If we take the Naz futures as a reliable predictor of the outcome of litigation, which I believe Benjamin Graham always did, thar's gonna be a DUNGload of pro-Bush findings tomorrow :-(. Fair value is still down. The futures tanked in the last 15 minutes of trading after the markets closed, so this number shouldn't be read as Naz futures up 60. They're flat from the close at best.

To: QwikSand who wrote (38711)	12/8/2000 2:14:16 AM
From: QwikSand	Read Replies (3) \| Respond to of 64865

That Compaq VP is getting comfier and comfier with his inventory levels, and it looks like every one of those PC companies will get their turn. Fortunately, this grinding-to-a-shuddering-halt of PC sales has nothing whatever to do with Sun Microsystems. Different businesses. Just as it has nothing to do with Coke, Gillette, or Intimate Brands. The last things to go when it's time to tighten up the old belt are beverages, razor blades, underwear, and servers. Whew. --QS RETAIL PC SALES PLUMMETED 12%-15% IN NOVEMBER; MARKDOWNS EXPECTED SOON NEW YORK -- Fears that slowing U.S. personal-computer sales may trip up more companies are chilling the $120 billion-a-year PC industry as new reports indicate that retail PC sales slowed further at the end of last month, The Wall Street Journal reported Friday. Preliminary results for November show PC unit sales declined 12% to 15% from year-earlier levels, a greater decline than the October sample and larger than early November levels, PC Data Inc. said. Joining PC Data, market researcher International Data Corp. also lowered its forecast for fourth-quarter PC sales world-wide, and warned that economic worries would restrain home-PC sales "for two to three quarters" more. It now estimates fourth-quarter sales world-wide will rise at a 19.8% rate, down from the 20.3% rate previously forecast. PC Data and other researchers now say they expect manufacturers will be forced to slash prices to clear retail inventories, cutting into industry profits. "I'm expecting a slew of rebates," said Matthew Sargent, an analyst with researchers ARS Inc., La Jolla, Calif. He said high levels of unsold PCs at retail stores suggest manufacturers and retailers will need to offer a new round of rebates or other sales incentives to avoid carrying unsold machines into next year. Copyright (c) 2000 Dow Jones & Company, Inc.