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Around the World's Markets: NEW YORK

Friday 16 April 1999 19:02 EDT
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SCOTT MCNEALLY, chairman and chief executive of Sun Microsystems, warned that the computer maker faced "heartbreak hill" over the next few months as the year 2000 looms and Asian markets struggle.

The remarks, which followed last week's profits warning from Compaq, rattled nerves on Wall Street. The Dow Jones index fell 14.89 points to 1,0447.83. Sun fell $4 3/8 to $56, with other computer stocks falling in sympathy.

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