[rescue] Divide and conquer
Brian.Dunbar at plexus.com
Wed Jul 23 14:13:48 CDT 2003
Kevin Loch [mailto:kloch at gurunet.net] on Wednesday, July 23, 2003 2:02 PM
> Patrick Giagnocavo +1.717.201.3366 wrote:
> > Sun's stock dropped 17% today after they reported lousy numbers last
> > evening.
> Currently 20% and falling. I'd expect it to fall to around book
> value or ~2.50. That is until they demonstrate that they
> can produce earnings in sufficient quantity again.
Apples and oranges but .. Southwest Airlines did better than projected this
past quarter. I think the news reader last night said this was their 34th
straight profitable quarter. If Southwest can make money flying airplanes
in a lousy economic climate, why can't Sun do well making (by most
definitions) great computers?
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