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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (18594)	8/11/1999 3:01:00 PM
From: Prognosticator	Read Replies (5) of 64865

This article from my favourite magazine is food for thought, and confirms something I have suspected about Microsoft for a while: economist.com Here's a taste: For instance, Microsoft, the world's most valuable company, declared a profit of $4.5 billion in 1998; when the cost of options awarded that year, plus the change in the value of outstanding options, is deducted, the firm made a loss of $18 billion, according to Smithers. I don't think Sun is in this precarious position, but it would be interesting to calculate their numbers. Unfortunately, I don't know how! Any Black-Scholes whizzes out there care to run the numbers? P.

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