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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Tito L. Nisperos Jr. who wrote (59096)	1/18/2002 5:27:32 PM
From: StanX Long	Respond to of 70976

Sun 2Q loss beats Street January 18, 2002 Posted: 1615 GMT europe.cnn.com NEW YORK (CNN/Money) -- Sun Microsystems Friday posted a loss for the latest quarter just a bit narrower than Wall Street forecasts, compared with a strong profit a year earlier, as the computer equipment maker's sales tumbled amid the recession. The maker of computers and Internet network gear reported a loss of $99 million, or 3 cents a share, excluding one-time items for its fiscal second quarter ended in December, compared with earnings of $494 million, or 15 cents a share, a year earlier. Analysts on average expected a loss of 4 cents a share, according to earnings tracker First Call. Sales tumbled to $3.1 billion from $5.1 billion.