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

To: JDN who wrote (34050)	7/31/2000 11:56:25 AM
From: JDN	Respond to of 64865

To all: SUNW's investment portfolio isnt huge but many of the companies are PRE IPO so I'd say they got a good chance of making a nice chunk of change as these companies IPO. JDN FREE SUBSCRIPTION TO UPSIDE MAGAZINE Sponsors: ExecBriefing E-Services E-Biz Opinion \| In Money \| Sun: Looking for cutting edge July 31, 2000 by Stefani Lako Baldwin #7 Sun Microsystems (SUNW) Market cap: $170 billion (as of 7/28/00) Fund name: None. Handled under the Venture and Strategic Investment Group. Kicked off: Late 1999 Size: $400 million in cash and investments. Strategy: Sun looks to invest in tech companies, as opposed to dotcoms or service firms. It has invested in 35 companies thus far. Its primary goal is to create customers for Sun products. The chosen: Sun only invests in private companies in the mid to late stages of development. It looks for companies on the cutting edge and whose technology integrates with Sun's platforms. Sun invests an average of $10 million per project, with ranges from $5 million to $20 million. Manage.com: Provides an e-management services platform. Resonate Inc. (RSNT): Internet services management company. BroadBand Office: Provides access to a full range of advanced communications and e-business solutions for small businesses. Caldera Systems (CALD): A Linux operating systems provider. XACCT Technologies: Develops business infrastructure software. Grabbing it all: Sun has brought some new companies into the fold over the past couple of months, including Telecom Fault-Tolerant Systems Co., Innosoft International and NetBeans. Street guide: Brian Sutphin, vice president of strategic investments, says that Sun does not hold out its investment gains to the market. "I don't think [analysts] should look at [the revenue]," he underscores. "Wall Street cares about your product revenue [and] your core business." Get out the map: Sun's "fund" has given a significant return to its parent's coffers and Sutphin says the company plans to do more investing. Many of the companies Sun has invested in have delayed IPOs because of current market conditions. Next