Linux alert ravages shares

Article Abstract:

VA Linux shares have dropped $12.63, or 42%, to $17.38, with its market cap falling to $716 million. The company, which sells computers running the Linux operating system designed for Web servers, has warned that its loss would be steeper than expected and that revenue in the quarter that ended Oct 27, 2000, will grow just 10% from the previous quarter. The drop has been foreseen by some initial public offering watchers who believe that the valuation of VA Linux was totally unsustainable.

Securities prices, VA Linux

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Sun Microsystems gives gloomy outlook

Article Abstract:

Computer maker Sun Microsystems announced that its near term outlook was worse than it previously predicted. Sun said its revenue growth for the current quarter will be 13% lower than expected while operating profit would amount to 7 cents to 9 cents per share. The company's problems have attributed to declining technology expenditures, its inability to meet the demand for its high-end computer servers because of the shortage of chips and falling fortunes of its dot-com customers.

Computers, Sun Microsystems Inc.

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Shortages causing headaches

Article Abstract:

Computer products manufacturer are stocking up on electrical parts and seeing smaller returns on investment due to shortages in the supply of such parts. Building inventory is very detrimental for many computer product makers since most have thrive because of their ability of deliver products on time. Among the first companies that have been affected by the parts shortage are contract manufacturers that make products for large companies.

Computers & Auxiliary Equip

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