Sun Posts Increasing Loss

Chromodromic writes "Sun Microsystems posted an increasing loss at a time when many tech firms are beginning to report stable or increasing earnings and stocks are looking up. According to the Wall Street Journal, it looks like Sun, the formidable peddlers of Solaris, Java, and UltraSPARC Fire servers are facing competition from measly ol' Dell and Intel. Even Scott McNealy has been reported to concede in a May 2002 meeting with top execs that Sun has to change, including building up trust with customers that have been put off by McNealy's sometimes controversial personality and Sun's reputed internal disarray which according to Merrill Lynch is indicating that Sun requires a makeover. The Merrill Lynch report was, in fact, particularly scathing and has raised a few Wall Street eyebrows."