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Technology Stocks : All About Sun Microsystems

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To: Lynn who wrote (54589)6/15/2003 1:41:37 PM
From: QwikSand  Read Replies (1) of 64865
 
Curious that this section of the article was removed.

Was that McNealy valuation quote supposedly said onstage at JavaOne, or was it said privately to the writer?

BTW at least in the version I saw (who knows, maybe there were several) he said multiply float by $5 and you get "$15-20B, then add a premium on top of that." I don't recall him mentioning $28B or any specific sum. He said "I don't know of any non-convicted-monopolist who can afford that." Then immediately after that the writer adds something like: "People interpreted this as a dig at Microsoft, which has $48B in cash on its balance sheet."

--QS
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