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Technology Stocks : All About Sun Microsystems

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To: CMS27 who wrote (5190)10/29/1997 8:19:00 AM
From: Thomas W. Fox   of 64865
 
Actually they only lost the U.S. vote to be a submitter to the ISO. In surfing around on this issue, I discovered that there are 40 members of the US T.A.G. to the ISO. Of the 40, 25 voted on Sunw's re-submitted proposal with 15 in favor and 10 opposed. Because the TAG required a 2/3 vote to endorse the proposal the US TAG vote is registered as NO. Of the 27 countries who will vote on the issue, 6 have voted YES and only the US has voted NO. Importantly Netherlands and the UK are in the 6 YES votes and are reversals of previous NO votes. The balance of the voting is due by mid-Nov. (14th I think)
The Fat Lady has yet to sing on this.
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