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


To: Lizzie Tudor who wrote (51399)9/6/2002 2:50:23 PM
From: CYBERKEN  Respond to of 64865
 
It think, like a few other bad eggs here, he's a liar and a basher.

Had he any integrity, he'd just shut up and sell...



To: Lizzie Tudor who wrote (51399)9/6/2002 3:23:29 PM
From: Mark Marcellus  Read Replies (3) | Respond to of 64865
 
According to the 1999 10-k, SUNW had "over 29,000" employees. The IR section of their web site has a table for the last 3 years showing slightly over 30k employees at the end of 1999. Since the number is for the end of the year, and the last 3B quarter is arguably Q3, chances are that the 25k number is a little low, but close. In any event, Patrick's point that the current headcount should be in the neighborhood of 30k is well taken.

Cyberken's refusal to give you a source to support his assumption that the numbers were "bogus" goes a long way toward explaining his investment results with SUNW.



To: Lizzie Tudor who wrote (51399)9/6/2002 3:28:06 PM
From: rkral  Read Replies (1) | Respond to of 64865
 
Lizzie, re "I honestly don't know where to obtain this information"

I have found edgarscan.pwcglobal.com to be an excellent site. Select your company (or companies) and then the Graphs tab. For your present discussion, you can view Total Employees and Total Operating Revenue. It shows you data for 10+ years .. sure beats digging through a bunch of 10Ks.

For FY1999, maybe the first year SUNW had a $3B quarter, employees = (edit: 29.7K), revenues = $11.8B. For FY2001, employees = 43.7K, revenues = $18.3B. So revenue per employee has declined from $599K to $419K. IMHO that's not all that bad, considering the sorry state of the telecom economy. Of course, 2002 may be a lot worse .. but sorry, no quarterly data available from this site.

Ron

P.S. This site purports to get its data from the SEC EDGAR database, so Total Employees must be somewhere in the SEC filings.