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

To: uu who wrote (6723)	1/13/1998 4:33:00 PM
From: Pierre Aydin	Read Replies (1) \| Respond to of 64865

Addi, I wish it was Wed. 9:30 AM right now:), I'll be very happy if SUNW beats estimates also and I think they will. Shorts are scared right now. Pierre

To: uu who wrote (6723)	1/13/1998 5:13:00 PM
From: cfimx	Read Replies (1) \| Respond to of 64865

Yes, the tech stocks should be off to the races!

To: uu who wrote (6723)	1/13/1998 8:14:00 PM
From: E_K_S	Read Replies (2) \| Respond to of 64865

Addi - Intel also stated that "European sales were 'SUBSTANTIALLY' better than expected". I propose that Sun's European sales will be substantially better than expected too. These better than expected revenues along with the very good U.S. domestic sales will more than off set the Asian single digit growth. I expect Sun to beat the street's earnings estimates and more importantly long term Sun's growth prospects are better than ever. Yes Addi, I trully believe you will be able to retire before the next millennium <GR> with your Sun holdings. Still long and still bullish for Sun. EKS P.S. Remember that Sun will have a one time charge representing a company they purchased earlier in the year. I believe it was somewhere in the range of $200 million.

To: uu who wrote (6723)	1/14/1998 12:45:00 PM
From: LKO	Read Replies (1) \| Respond to of 64865

INTC just reported its earnings of 98 cents/shr with 8 cents better than expected! Tomorrow will definitely be a very very interesting day! Beating the estimates is impressive, but in general comparisons of EPS with historic ones should be cautious in the light of change of FASB rules on calculation of EPS that went into affect on Dec 15 1997. One assumes (hopes ?) analysts were honest enough to adjust the estimates to these new rules but one never knows. I wonder if these EPS numbers we compare are "fully diluted" ones or not. (Anybody know ?) According to "Investors's Monthly" from Standards and Poor (Jan 1998), For the third quarter of 1997, in a typical example, GE reported primary EPS of $0.60, while its basic EPS is $0.62 Here Primary => OLD EPS computation method Basic => NEW EPS computation method It goes on to say. For the same quarter, the primary to basic coversion states higher EPS for .....Intel ($0.88 to $0.96) and Microsoft ($0.50 to $0.55). S&P estimates that if the primary to basic switch had been in effect for 1995, earnings of the S&P 500 would have been almost 10% greater that year. Essentially this new method allows the denominator to not include "stock equivalents: options, rights, warrants and covertibles" (whatever that means :-)). There is another EPS which is refferred to as "Diluted" which includes all these things excluded from the "other" EPS( primary/basic). Any finance gurus out there who might enlighten us ?