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Technology Stocks : All About Sun Microsystems

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To: alydar who wrote (64773)3/24/2009 8:56:43 PM
From: QwikSand  Read Replies (1) of 64865
 
It'll be interesting to see if the deal goes through. Sun is over with one way or another now that the world knows it has put itself on the block. And I'd have to guess that IBM would figure out, especially in this kind of economy, that JAVA isn't worth any premium at all. The question is whether the board and shareholders will hold a fire sale or if they're delusional enough to just let it go down to zero and sell it for scrap down the road. I'm guessing the fire sale, but that means current shareholders shouldn't imagine anything near $10.

This is a case where I hope I'm wrong.

--QS
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