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


To: Charles Tutt who wrote (11327)10/16/1998 2:29:00 AM
From: QwikSand  Read Replies (1) | Respond to of 64865
 
Right, Charles. How could SUNW's price have news factored in? It's right where it was a year ago or more after umpteen consecutive good quarters. And also the comment about margins "slipping" is a positive, not a negative. The street worries about Sun's dependence on higher margins than its PC-oriented competitors have to live with. When Sun shows healthy profit growth with lower margins and good orders, that is a potentially major plus-factor for the stock.

I agree with others who noted the strength of the CC, which I think did a lot to offset the absence of an earnings surprise. I feel better than I did when the number came out. We'll see tomorrow if the MM's & analysts were listening hard!