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Technology Stocks : All About Sun Microsystems
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To: Charles Tutt who wrote (62738)2/10/2005 4:05:41 AM
From: Elroy  Read Replies (3) of 64865
 
HP's implosion ought to be good for Sun and the other survivors -- DELL, IBM, AAPL, GTW.

What implosion? All I read was that the CEO was fired.

HPQ grew revenues 10% in fiscal 2004 versus IBM's 8% growth, and SUNW's 0%.

As for survivors, HPQ has $6 billion net cash and (unlike SUNW) has been EPS positive for at least the last 12 quarters. I don't think they are going anywhere.

If anything look for competition to heat up. Seems the HPQ board wants a more aggressive fighter than Fiorina.
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