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


To: Yaacov who wrote (40156)1/6/2001 9:22:21 AM
From: techtonicbull  Read Replies (1) | Respond to of 64865
 
Yaacov:

Sun Microsystems – When Sun Microsystems (SUNW: Research, Estimates), the world's leading supplier of Web servers, reported its fiscal first-quarter financial results last October, executives told the Street to expect the company's fiscal second-quarter revenue and earnings to be slightly more than they had previously forecast. At that time, they said they expect revenue growth to be in the high-40 percent range, with earnings per share increasing either at that level or below it. Then, after several tech companies chimed in with revenue and earnings warnings, Sun executives reiterated that guidance in mid-November, saying they remain on track to meet their financial goals for the quarter as well as the fiscal year. Analysts polled by First Call are expecting Sun to report a profit of 16 cents per share when it reports its latest quarterly results on Jan. 18.

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