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

To: Proud_Infidel who wrote (50365)	7/12/2002 2:43:58 PM
From: Humblefrank	Respond to of 64865

I'm surprised nobody mentioned this study from Goldman Sach. "In the storage segment of technology, which is one area that Goldman said is seeing pent-up demand, EMC Corp. was the leader, with 36% of respondents putting their money with the Hopkinton, Mass. , storage software and hardware maker. In second, according to Goldman, was Storage Technology (NYSE: STK - News) Corp. , with 32% of users indicating the company was gaining market share. Leading the decliners was Sun Microsystems (NasdaqNM: SUNW - News) Inc. , with 37% of respondents saying the Palo Alto , Calif. , computer software and hardware maker was losing share opposed to 9% of respondents two months ago. In the computer hardware realm, Dell Computer Corp. , Hewlett-Packard Co . and International Business Machines Corp. appear to be gaining a bigger piece of companies' IT budgets, while Sun lost share again. According to Goldman, H-P seems to be seeing some positive effects of its merger with Compaq Computer Corp."

To: Proud_Infidel who wrote (50365)	7/13/2002 1:35:13 PM
From: techtonicbull	Respond to of 64865

This article confirms what I have been saying for years on this thread namely, that SUNW is an honest company with an honest CEO, Scott McNeally. I believe that if they were going to fudge the numbers, they wouldn't have have 4 losing quarters in a row. I feel the market will pay a small premium for "honesty" even though the numbers still speak volumes. In this regard I disagree with McNeally. Investors make their decisions by earning acceleration. I wouldn't be surprised if the earnings at SUNW suddenly jump up a good deal as the economy starts to turn upward as it is. Corporate IT spending is an unknown, but will accelerate to upgrade and to save money. Also I believe that corporations will start to embrace again the "real" technologies that will add to their bottom line.