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

To: E_K_S who wrote (11052)	9/10/1998 10:01:00 PM
From: E_K_S	Read Replies (1) \| Respond to of 64865

Sun sees bookings in-line with estimates Reuters Story - September 10, 1998 15:02 BOSTON, Sept 10 (Reuters) - Sun Microsystems Inc. president Ed Zander said on Thursday that the company has had strong orders or bookings so far in its first quarter, in line with analysts' expectations. "What we said was good bookings, strong bookings," Zander, speaking at the SG Cowen Fall Technology Conference in Boston, said he told analysts in a recent conference call. "I think we're seeing and we're growing somewhat at the expense of our competitors and the weakness in their strategy and their products," he added. Zander said he expected Sun to see another strong quarter for its workstation business, which he said his competitors have somewhat abandoned. "This quarter should be another strong quarter for our workstations," he said. Zander said that, due to the impact the Asian financial crises has had on Sun's business, the company will try to cut its selling, general and administrative (SG&A) costs, currently at about 28 percent of revenues. "You can't grow expenses at the rate we're growing at," he said. Zander said many corporations have been showing less interest in rival Microsoft Corp.'s Windows NT operating system, finding it not scalable, and more interest in Sun's Solaris. A scalable computer system can be enlarged without changing the basics. Noting that Windows NT has 30 million lines of code compared to 13 to 14 million for Solaris, he said, "That's like replacing half of the parts of a 747." Sun unveiled technology on Wednesday in New York to make its computers and workstations compatible with networks running Windows NT. "Project Cascade," Sun's code name for software using technology developed by AT&T Corp. , will allow computers running Sun's Solaris operating system to link easily to systems running Microsoft's Windows NT for corporate networks. ((Michael Ellis, Boston newsroom, (617)367-4176, fax (617) 248-9563, boston.newsroomreuters.com)) ===================================================================== Zander's report upbeat... EKS