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[RT] SUNW to hold conf call on Fri morning, but declines to say why...................... prime candidate to warn...


  • To: <realtraders@xxxxxxxxxxxxxxx>
  • Subject: [RT] SUNW to hold conf call on Fri morning, but declines to say why...................... prime candidate to warn...
  • From: "Dorothy K. Carter" <dorothy.carter@xxxxxxxx>
  • Date: Fri, 5 Oct 2001 11:17:24 -0700

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10/04  7:30P (RT) Sun Micro to host morning call, won't say 
why                    
Story 1574 (SUNW, I/DPR, I/ENT, 
I/US)                                              
    PALO ALTO, Calif., Oct 4 (Reuters) - Network computer 
maker                    
Sun Microsystems Inc.<SUNW.O> will hold a conference call 
on                       
Friday morning, but the company declined to say 
why.                               
    Sun, which Wall Street sees as a prime candidate to 
warn                       
that its September ending quarter did not meet 
earlier                             
expectations, following bad news by other computer makers, 
said                    
in a statement it would hold the call at 9:30 a.m. 
EDT.                            
    A spokeswoman declined to give the reason or say 
which                         
executives would 
speak.                                                            
    Analysts have cut Sun forecasts for its first 
quarter,                         
ended in September, to an expected 1-7 cent loss per 
share,                        
before special items, on sales of $3.3 billion. Last year 
it                       
reported a 15 cent per share profit on sales of $5.0 billion 
in                    
the quarter, Thomson Financial/First Call 
reported.                                
    A number of other computer and systems makers have said 
the                    
Sept. 11 hijacking attacks hurt sales at a crucial point 
for                       
business. Sun shares closed up 29 cents at $9.29 on the 
Nasdaq                     
on 
Thursday.                                                                       
    ((Peter Henderson, San Francisco Newsroom 415 
677-2578                         
<A 
href="mailto:peter.henderson@xxxxxxxxxxx";>peter.henderson@xxxxxxxxxxx))                                                    







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