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To: WallStreetTips who wrote (22094)6/18/1999 2:20:00 PM
From: -  Respond to of 27307
 
I found this amusing... from today's LA Times... last week EBAY blamed SUN for their 2-day outage. The next day they issued an "earning warning" which they attributed to the downtime, and sqarely pointed the finger at Sun... their stock fell 30pts the following day. Their "reason" sounded fishy at the time...
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Online auction juggernaut EBay is backing off from its initial finger-pointing at Sun Microsystem's software for last week's marathon outage. "We initially thought it was, but that is not clear at the present," EBay Vice President Steve Westly said. "Sun has been about the best partner we could have had." His comments came hours after Sun Chief Executive Scott McNealy said Sun's StarFire servers and operating system software at the San Jose company were "fine." "There are a lot of issues, for Sun and EBay, that are better left unsaid," McNealy said during the company's annual convention for programmers in Sun's Java language. Westly said that EBay is investigating whether a software "patch" that was easily available might have averted the outage. The glitch is expected to cost EBay millions of dollars in revenue, and it helped wipe out billions of dollars in the company's stock value.

Copyright 1999 Los Angeles Times. All Rights Reserved