Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: The Ox who wrote (44134)	7/19/2001 4:37:56 PM
From: The Ox	Respond to of 64865

Sun Micro Operating Earnings Fall PALO ALTO, Calif. (Reuters) - Network computer maker Sun Microsystems Inc. (NasdaqNM:SUNW - news) on Thursday said its operating profit fell in its fourth quarter, as the economic slowdown continued to hit technology spending. Earnings before one-time items dropped to $134 million, or 4 cents per diluted share, from $659.5 million, or 21 cents per share, a year earlier. Sales dropped to $4 billion in the quarter to end-June from $5.02 billion a year earlier. Sun cut its fourth quarter sales forecast in May by about $500 million to a range of $3.8 billion to $4 billion and said that earnings per share would be 2 cents to 4 cents, down from 6 cents expected by Wall Street at the time.

To: The Ox who wrote (44134)	7/19/2001 4:42:16 PM
From: E_K_S	Read Replies (1) \| Respond to of 64865

SUNW's services business up 8% from prior quarter and up 30% from the previous year. EKS <edit> SUNW see's significant improvement 2nd half vs first half due to new products comming online. Storage bookings grew 23%....iPlanet web server growth up 100%.... Gains in market share from IBM & HP....Many IBM mainframes replaced with SUNW high end servers. Conference call in progress...