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Technology Stocks : All About Sun Microsystems

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To: MJ who wrote (62968)	5/1/2005 10:17:22 PM
From: upanddown	of 64865

Don't really understand this PR from Scottie other than a compulsion to periodically shoot off his stupid mouth. SAN FRANCISCO (MarketWatch) -- Sun Microsystems has set its sights on larger acquisitions, according to a published report Sunday. Sun Chairman and CEO Scott McNealy told Spanish newspaper El Pais that: "We have made some small purchases and we are going to make some bigger ones which generate more revenue." McNealy told El Pais that Dell was not one of its targets. "We have no interest in buying Dell. We are very different," he told the paper. Sun closed up 18 cents at $3.62 on Friday and traded 1 cent higher to $3.63 in the evening session. If you plan to buy something, is it really a good idea to alert the world that you plan to buy something... and is it really news that he doesn't plan to buy a company with a market cap 7 times larger than his own? We already knew that. He wants to buy a company to generate more revenue? How about more PROFIT?

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