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Technology Stocks : All About Sun Microsystems

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To: Lynn who wrote (54579)	6/16/2003 11:59:47 PM
From: Lizzie Tudor	Read Replies (2) of 64865

McNealy's attitude bugs me sometimes. He doesn't believe in his own technology or future, he doesn't really like stocks in general and is always quoted making bearish comments. He's like a permabear. Yuck. "Take $5 (a share) times 3.3 billion shares outstanding and you get $15 to $20 billion and then add a premium to that," McNealy said, adding that he would want cash, not stock. Why the hell wouldn't he want stock in the case of a friendly takeover? Doesn't he believe in what he is doing? Doesn't sound like it. Every other company executive takes stock in lieu of cash.

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