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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: High-Tech East who wrote (75514)4/19/2001 4:05:45 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
Ken, if you can not gamble you are not for this market. That is why I am in cash. Sleep better this way.

SUNW business is shrinking B To B is shringking CNBC is not even mentioning that

Revenues for the third quarter were $4.095 billion, up 2 percent compared with the third quarter of fiscal 2000. Orders for the third quarter were $3.612 billion. Proforma net income (which excludes realized gains/losses on Sun's venture equity portfolio, the effects of acquisition related charges, any unusual one time items, and the cumulative tax effects) for the third quarter was $263 million, a decrease of 43 percent compared with last year's proforma net income of $464 million. Third quarter proforma earnings per share, was $0.08, a decrease of 43 percent compared with $0.14 proforma earnings per share for the same period a year ago.


Haim