Show Me the Money

"SINGAPORE, March 19 (Reuters) - The chief executive of network-computer maker Sun Microsystems Inc, Scott McNealy, criticised Wall Street analysts on Wednesday, saying their recommendations on the company's stock were inconsistent."

"Sun's stock surged to a historic high of around US$64 in September 2000 during the dot-com boom but closed at $3.552 on Nasdaq on Tuesday. The company has lost about two-thirds of its value over the last 12 months.

"We're now (trading) at about one times revenue, and all but one analyst has us as a raging 'sell'," McNealy said. "What does that say about how rational the market is, where it's going to go from here? I have no idea..."

"Sun reported a net loss of US$2.28 billion in its fiscal second quarter, ended December 29, against a net loss of $431 million in the year-earlier period."
[Yahoo]

"Oracle Corporation develops, manufactures, markets  and distributes computer software that helps corporations  manage and grow their businesses, including systems software  and business applications software. For the 6 months ended  11/30/02, revenues fell 7% to $4.34B. Net income fell 17% to  $877.6M. Revenues reflect reduced service revenues and new  software license sales. Net income also reflects increased  net investment losses related to equity securities."
[CNN]

"Microsoft Corporation develops, manufactures, licenses and supports a range of software products, including scalable operating systems, server applications, worker productivity applications and software development tools. For the six months ended 12/31/02, revenues rose 17% to $16.29 billion. Net income rose 48% to $5.28 billion. Revenues reflect increased Xbox sales and the launch of new products. Earnings also reflect higher net investment income."
[Yahoo]