To: Brian Malloy who wrote (19257 ) 4/29/1998 6:08:00 PM From: Sonki Respond to of 27012
HQ Report on NIKE, Inc. Report highlights: 'The 1999 EPS estimate was lowered from $1.75 to $1.68, as a result of management's expectation of flat revenue growth, declining gross margin, and a lack of significant cost cutting ability. An UNDERPERFORM rating was maintained. The company pre-announced a third quarter earnings shortfall.' if you are seeing accumlation in NKE it's probably w. Buffet. he likes to buy and hold for ever ... it's trading at forward pe of 28. Brian, Sun made tons of announcements today, more so then usual for a day. I wonder if something is happening....??biz.yahoo.com Wednesday April 29, 1998 Sun Introduces Comprehensive, Single-Point Management Solution for Sun Systems - Business Wire - 5:02 pm Wall Data Honored With Midrange Computing Showcase 1998 Product Excellence Award - PR Newswire - 2:57 pm UbiQ Joins IBM, Sun, Netscape, Visa, Others in 'OpenCard' Consortium to Advance Use of Smart Cards - PR Newswire - 12:10 pm SunVIP Adds PeopleSoft to Roster of ISV Alliances, Baan Extends North American Agreement With Sun - Business Wire - 11:03 am Sun Education Offerings Can be Customized for Each ERP Implementation - Business Wire - 11:02 am Sun Expands Enterprise Resource Planning Consulting Services to Include Baan, PeopleSoft - Business Wire - 11:02 am Officemax Selects Sun and SAP as "Platform of Choice" in Major Systems Overhaul and ERP Adoption - Business Wire - 8:03 am Sun Solaris Platform Reaches Milestone Of 1,000 SAP R/3 Installations - Business Wire - 8:02 am IBM and Sun to Deliver Data Center Solutions - Business Wire - 8:02 am MCI Selects Sun's Enterprise Servers to Deploy Business-Critical ERP Applications Corporate Wide - Business Wire - 8:01 am Sun's New Eight-Way Sun Enterprise 3500 Server Sets In-Class Performance Record for Online Transaction Processing Benchmark - Business Wire - 3:07 am Sun Defines New Age of Supercomputing: Unveils Midrange HPC Servers With Unmatched Performance, Scalability Availability - Business Wire - 3:05 am Sun Shakes Up Midrange Server Market - Business Wire - 3:04 am Unrivaled Midrange Servers and Expanded ERP Services & Infrastructure Position Sun to Take Top Spot in ERP Market - Business Wire - 3:02 am