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Technology Stocks : All About Sun Microsystems

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To: Jaknik2 who wrote (62954)	4/29/2005 9:45:53 PM
From: sixty2nds	of 64865

11:59 SUNW Sun Micro squashed leveraged buyout rumor -- CNET News.com (3.70 +0.26) In a CNET News.com story, Sun Micro (SUNW) CEO Scott McNealy calls a BusinessWeek report that suggests an investment firm is planning a leveraged buyout of the server and software company, "unsubstantiated", and part of a scheme to profit from a stock price boost. "Why would a supposedly credible rag like BusinessWeek quote an anonymous hedge fund guy on a totally unsubstantiated rumor designed to spike the stock price?" McNealy wrote to CNET News.com. "I will bet this hedge guy is laughing his butt off that BusinessWeek printed this as he profits from the $0.42 rise in the price this morning."

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