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


To: JDN who wrote (48621)4/26/2002 3:58:28 PM
From: CYBERKEN  Respond to of 64865
 
1Q growth announced at 5.8%. Just building back inventories ain't gonna cut it any more. Business is going to need infrastructure, and that means CAPEX.

The bears waited for a decade and a half for their excuse to gloat, and they have been rewarded for a little over two years now. Perhaps they will get another bone thrown to them by the market in the middle of the next decade. For now, though, it's back to the zoo...



To: JDN who wrote (48621)4/26/2002 4:02:06 PM
From: Bald Eagle  Read Replies (3) | Respond to of 64865
 
I wasn't bashing SUNW. Why would I? I'm long.



To: JDN who wrote (48621)4/26/2002 4:27:39 PM
From: Just_Observing  Read Replies (1) | Respond to of 64865
 
Re: I know its fun for some of you to bash SUNW now

From the Economist:

Government figures released on April 26th showed that GDP grew by 5.8%... But let’s not get too carried away just yet... A closer look at the elements which make up the GDP figure suggest that the overall picture is still somewhat mixed, despite a startling overall result... The figures which give most pause for thought are those relating to business investment. Overall investment fell 5.7% and final sales of computers dropped by more than 20%.

Cheer up - Sun is only reflecting the total economy (doesn't sound correct metaphorically though). When did you last hear about sales of computers falling by 20%?

Besides, Sun's high end servers (Starcat and Starkitty) are once again constrained. So Sun is probably doing better than its competition. That's not bad at all.