I’m tired of the sting in the tail

This morning I awoke to the beautiful news that SUNW had swung back to profit, even beating The Street’s EPS estimates by 5c!Despite that, storage was down, general US weakness affected the results…. and as we’ve all gotten used to over the last 5 years, there is a sting in the tail:

On a conference call to discuss the results, Schwartz said that with regards to cutting spending and other costs, “We are by no means done. We view our progress as a streamline step.”

(from www.marketwatch.com)Sigh. More RIFs to come – I guess they’re a fact of life. I just wish that they weren’t. I’m hopeful that Sun won’t need to have such massive retrenchments as they did last year — they suck the morale out of everybody.`Technorati`_ tags: topic:{Technorati}[SUNW], topic:{Technorati}[Sun Microsystems], topic:{Technorati}[earnings]