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To: pater tenebrarum who wrote (99084)	5/2/2001 4:57:57 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 436258

Interesting how WS knows better than the CEO <GG> McNealy declined to discuss how business was going after Sun last month reported it had missed a lower sales target in its fiscal third quarter amid an economic downturn whose duration he said remained impossible to predict. He said he would leave forecasting the future to economists, but said no one had a real clue on what was happening and whether slower U.S. growth would drag down Europe and Asia. Information technology companies have sent mixed signals about how business Europe is faring, but McNealy said the issue was how well they were implementing business decisions that were coming faster and faster. "It has to do with whether you're executing. We could be executing better. The economies could be better. Given a choice, we'd blame it on the economy," he said. Sun has been cutting spending -- its tradition of free donuts for staff every Wednesday is now a thing of the past -- but wants to get through the current downturn without writeoffs or layoffs, he said at the Swiss-American Chamber of Commerce lunch. McNealy told Reuters used computing capacity coming onto the market as dot-com companies go bust was not unmitigated bad news for Sun. Many startups were buying the used merchandise that was priced at sharp discounts to new hardware, he said.