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

To: cheryl williamson who wrote (20550)	10/1/1999 8:49:00 PM
From: QwikSand	Read Replies (1) \| Respond to of 64865

So now they're authorizing almost twice as many shares as they need to cover the split. Does anyone else find this a little disturbing? The "other corporate purposes", i.e., acquisitions, could be dilutive. --QS WASHINGTON, Oct 1 (Reuters) - Sun Microsystems Inc. (NASDAQ:SUNW) said Friday it is seeking to double its authorized common stock to 3.6 billion shares as part of the company's plan to offer a two-for one stock spltt, a Securities and Exchange Commission (SEC) filing said. The company asked its shareholders to increase the number of shares from 1.8 billion to the 3.6 billion shares at the company's annual meeting Nov. 10, according to its proxy. If the approved by the shareholderes, the stock split recommended by Sun Microsystems' board last month would be paid Dec. 9, the filing showed. The company has 780.5 million shares outstanding, and about 225 million reserved for issuance under the company's stock plan, the proxy said. Sun Microsystems said that the increased authorized shares would give the company "flexibility to issue common stock for other proper corporate purposes which may be identified. Sun Microsystems shares closed down 1 to 92 on Nasdaq. Copyright 1999, Reuters News Service

To: cheryl williamson who wrote (20550)	10/1/1999 8:59:00 PM
From: Prognosticator	Read Replies (1) \| Respond to of 64865

I can tell you from personal experience @HWP in the O/S group, HPUX, 32 or 64-bit, is not a horrible O/S, but it just isn't Solaris. I can tell you from personal experience outside the HWP O/S group that HP-UX sucks (sorry). Well, it's boot program is slightly nicer than the Solaris dump-every-message-out-to-the-console-at-high-speed-without-a-scroll-bar, but once it comes up, it sucks (sorry). Their best bet at this stage is to go with Linux. HP, on the other hand, is one of the finest, highest principled company there is. That may be their biggest problem, I mean, look at the sleaze in Redmond. P.