They're also conservative (with guidance), but given how much acquired growth they have I would have thought they would have started higher than they are. It looks like they are guiding down for next year as well.

This is at the high end of management's guidance of high 40s growth, but still quite conservative relative to the 14 percent sequential growth Sun has averaged in the past five fiscal second quarters.

Given that we are still in early 2006, the 2007 guidance is likely to be conservative with higher-than-2006 airplane deliveries, better margins at both [Boeing Commercial Airplanes] and [Integrated Defense Systems], strong cash flow, but low single-digit top line growth for its defense business.

I wouldn't read too much into the guidance. They have always been somewhat conservative and are probably saving something for their analyst meeting.

Although we had anticipated tepid guidance, the company was far more conservative than we anticipated. The company projected April quarter revenue in the range of $14.2 billion to $14.6 billion, with earnings of 39 cents to 41 cents per share. This was below our previous revenue and earnings estimates of $14.6 billion and 41 cents per share.

We think the growth guidance we've given you for 2001 is sustainable for the long period given the breadth and depth of our portfolio, ... We have shown where the growth is coming from in terms of our product line, geography and our customers. We think we've made great progress in accelerating production of IT and patent generation equipment and that will bode well for us in 2001.