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: Paul Shread who wrote (9120)	4/16/1998 6:47:00 PM
From: Andy M.	Respond to of 64865

Paul, That word "results" is ambiguous. If it refers to revenues, then eps could still grow 21%. saying at least 15% could also be a way of putting a solid floor down; does not rule out 21%. I guess a more thorough account of the conference call would make this more clear. Sun seems to be trading at a reasonable valuation right now. Though the quarter was not spectacular, it was certainly very solid. With all of the analysts lowering their expectations to .55 in the weeks before earnings, .59 should be generally reassuring. I think the market had priced the stock for a slight shortfall in earnings. Andy

To: Paul Shread who wrote (9120)	4/16/1998 6:57:00 PM
From: 2brasil	Read Replies (1) \| Respond to of 64865

don't know how accurate or old this is ? Sun Microsystems Inc. (SUNW - news) eased to 40-7/8 from a close of 40-15/16 after the company reported third-quarter diluted earnings a share of $0.59 against $0.58 for the year-ago period. The First Call estimate was $0.58 a share. bruce also Sun Microsystems Awarded SMC Contract by USPS: Sun Microsystems, Inc., announced today that its wholly owned subsidiary, Sun Microsystems Federal, Inc., has been awarded the Scaleable Midrange Computers contract by the United States Postal Service. The maximum award value over the life of the contract is $500 million. - Apr 16 5:22 PM EDT