Oouch ... this hurts ...

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Oouch ... this hurts ...

Friday, May 2. 2008

Posted by Joerg Moellenkamp in Sun/Oracle at 21:21 | Comments (5) | Trackbacks (0)
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I didn't think the quarter was this bad, but it was clearly the last straw with shareholders. Sun needs to go private in order to test this current strategy in full. They should have done it last year while money was easier to come by. Perhaps it's not too late.

#1 Walter on 2008-05-02 21:54 (Reply)

Well, i will start to buy more JAVA stocks. This is an opportunity. At least when you know what´s in the pipe ...

I wouldn´t bring Sun private. Investors for such a large sum wouldn´t leave Sun in it´s current state.

#1.1 Joerg M. (Homepage) on 2008-05-02 22:42 (Reply)

Indeed.
But isn't KKR already on board?
[checks...]
Yeah, they are

#1.1.1 Rainer (Homepage) on 2008-05-02 22:57 (Reply)

It´s a small investment ... and my personal opinion: it keeps the private equity companies at bay because PE companies want to be the only one in a company.

#1.1.1.1 Joerg M. (Homepage) on 2008-05-02 23:12 (Reply)

In some ways I agree the sun stocks are beginning to look like a fairly good deal. But a few things keeps me from buying:

1) us economy is in recession which sun will have a hard time staying clear of
2) sun is still making it very hard to buy from them - until that's fixed, having good products isn't enough
3) sun fails miserably at communities which may eventually spell doom for their opensource plans (see opensolaris)
4) it's a horrible ticker name

#1.1.2 Mads (Homepage) on 2008-05-04 09:33 (Reply)

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