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


To: Bob Liu who wrote (9088)4/16/1998 1:10:00 PM
From: QwikSand  Respond to of 64865
 
The questions about 'when earnings will be out' always surprise me because Sun releases their earnings in a conf call within an hour or so of market close, and have been doing so for years. Everyone will know results by around 2:30pst/5:30est like always.

My guess (and it is just that, a guess) is that SUNW will follow a familiar pattern:

a) If it hits, it will hit within a penny or three
b) If it misses, it will miss by a penny or three
c) Regardless of whether it does a) or b), the stock
will drop 1 or 1.5 points tomorrow.

Only a blowout would make it go up, and that won't happen. Sun just doesn't get any respect.

This is of course just my opinion and I would LOVE to be wrong...I'm looking forward to issuing a public retraction if there's some nice positive action.



To: Bob Liu who wrote (9088)4/16/1998 1:14:00 PM
From: Neil Kalton  Read Replies (1) | Respond to of 64865
 
Bob,
From everything I've heard and read over the past few weeks I would make an educated guess that the whisper numbers are in the $.55-.57 area. IMO, any thing over $.57 will probably be viewed favorably by Street as long as revenue numbers aren't too weak and forward outlook for 2nd half of CY99 is OK.

Earnings should be out within 20 minutes after closing bell.

-nk