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


To: High-Tech East who wrote (75521)4/19/2001 4:33:18 PM
From: Haim R. Branisteanu  Read Replies (3) | Respond to of 99985
 
SUNW had a 2% rise in sales but 20% rise in cost of goods, this company is history as a high flyer to make the numbers they slashed prices.

Actual earnings is 4 cents and not 8 cents as trumpeted by CNBC see the Sun Microsystems, Inc. Condensed Consolidated Statements of Income * not the other crap.

Sun reported actual (or GAAP) net income (including 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 of fiscal 2001 of $136 million or $0.04 per share, compared with $509 million or $0.15 per share for the same period a year ago.

sun.com