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

To: DiViT who wrote (40614)	1/21/2001 5:21:49 AM
From: Mephisto	Respond to of 64865

After yesterday's market close, the company met First Call's consensus figure of earnings of 16 cents for the second quarter, ended Dec. 31. Revenue increased 44 percent from $4.95 billion to $5.12 billion, the company reported. But CFO Mike Lehman also said that the company was "very slightly lowering revenue expectations" for the second half of the company's fiscal year. Revenue growth for the second half is now expected to be between 30 and 35 percent, down from Sun's previous guidance of "the mid-30s," he said. I think these numbers are great in an economy that is slowing. I don't know why people are upset. Sun is a good buy here. Also, I was pleased to hear that Sun will bring out a lower-price line of servers that will compete with Dell and CPQ. Sun is not DELL, and I don't believe Sun would ever limit its exposure to such a small product line. Also, Sun's management team is superb. Sincerely, Mephisto