Consumer electronics demand was stellar but we do think some of this translated into PC purchases and that the PC vendors overall will post good results. |
Fiscal year 2002 will likely prove to be challenging under any circumstances, but we believe longer-term rewards outweigh potential risks. |
It could take several years to make up for lost revenues … we think it's too early to own this name. |
The stock looks cheap and management is buying back stock, but these aren't enough to drive performance given growing fundamental concerns. |
We view cost-cutting as the largest opportunity for Sun to improve financial performance and believe the company is set to announce a restructuring over the next 6 months. |