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


To: JDN who wrote (50360)7/12/2002 8:47:27 AM
From: Proud_Infidel  Read Replies (4) | Respond to of 64865
 
8:29am 07/12/02
SoundView sees weak sequential Q1 revenue for Sun Micro (SUNW) By Tomi Kilgore
Analyst Mark Specker at SoundView Technology believes Sun Microsystems' (SUNW) sequential revenue performance from its fiscal fourth quarter to its first quarter will be "weaker than usual," as industry checks suggest Sun was "very aggressive" with pricing and financing in June to meet consensus estimates for its fourth quarter. Specker also feels that, given Sun's promise of fourth quarter profitability, management had "an abnormally large incentive to pull forward revenue" to reach that target. Meanwhile, the stock is tacking on 15 cents, or 2.7 percent, to $5.55 in Friday's pre-open.