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Technology Stocks : All About Sun Microsystems
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To: cfimx who wrote (45058)9/7/2001 2:11:00 PM
From: QwikSand  Read Replies (1) of 64865
 
Unfortunately I basically agree with the points in your post (except those concerning Charles, which I think are exaggerated and unduly harsh). I believe the managers of Microsoft are lawbreakers, but I don't blame them for Sun's problems. Sun had to try to build a future for themselves in the face of powerful competition and appear to have failed, partly by by fumbling the basics, partly by investing in a series of far-flung black holes (example: Jini evaporated while the much later-starting Universal Plug'n'Play will take over and become standard with the release of WinXP) and partly by getting caught up in history's most vicious investment bubble. Microsoft's illegal extortion of PC builders, software developers and consumers had little to do with it, and Intel still hasn't even shipped a 64-bit processor. It's a pity; but I believe what they did was done in good faith but bad judgment.

While George W. Bush has done and will continue to do a lot of damage to this country and the world for as long as he's allowed to remain in office, he has had nearly nothing to do with the current state of the economy and the stock market. He inherited a dying mania. Some columnist in the paper said it well the other day: if CNBC instead of ESPN is playing on the TV screens in sports bars on inauguration day, that President's term will end badly.

Also it's time to say that you weren't wrong, just early. You wanna manage my debt? :-)

--QS
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