Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Alok Sinha who wrote (8417)	3/20/1998 1:36:00 PM
From: Kal	Respond to of 64865

>>To me, the fact that HP and MSFT are trying to break the Java standard is a validation of Java's potential in the long run. To me, this is a proven fact, Java's potential that is.

To: Alok Sinha who wrote (8417)	3/20/1998 5:01:00 PM
From: Charles Tutt	Respond to of 64865

HP's press release certainly doesn't sound like they're out to "break the Java standard" to me, and Sun's press release seems to agree with me -- only the Wall Street Journal seems to interpret things differently, and there's no telling where they got their information. That Microsoft will license HP's engine seems to me to be an admission that their own efforts are off track. I think there's a good chance Sun will exceed estimates this quarter because of: 1) Darwin; 2) Starfire and the Enterprise line; 3) Storage (as pointed out by Eric in post 8411); 4) Improved component costs as a result of Asian devaluations; 5) Tempered expectations (Zack's on Yahoo is showing 60 cents compared to last quarter's 57 cents. Historically, Sun's earnings increase 3-6 cents in the March quarter over the December quarter, so expectations are on the low end.); 6) Continued strong economy in the US, and continued growth of the Internet; 7) Uncertainty and weakness surrounding its competitors (e.g. DEC being acquired, and highly publicized security holes in NT). However, I agree with you that the market is fickle (and is also IMHO starry-eyed about Microsoft to the detriment of Sun). FWIW, I bought more at the close today. I think at least part of today's price movement may have been options-related. All JMHO, of course, and not intended as investment advice.