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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Charles Tutt who wrote (18594)8/11/1999 3:01:00 PM
From: Prognosticator  Read Replies (5) | Respond to of 64865
 
This article from my favourite magazine is food for thought, and confirms something I have suspected about Microsoft for a while:

economist.com

Here's a taste:

For instance, Microsoft, the world's most valuable company, declared a profit of $4.5 billion in 1998; when the cost of options awarded that year, plus the change in the value of outstanding options, is deducted, the firm made a loss of $18 billion, according to Smithers.

I don't think Sun is in this precarious position, but it would be interesting to calculate their numbers. Unfortunately, I don't know how! Any Black-Scholes whizzes out there care to run the numbers?

P.



To: Charles Tutt who wrote (18594)8/11/1999 3:33:00 PM
From: William Flaherty  Respond to of 64865
 
Sun has a good size engineering facility here in San Diego by the Miramar Air Station. I believe the engineering staff is here to support Qualcomm, the bio-techs, etc. as they are big users of 10K's.