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


To: cfimx who wrote (47856)3/11/2002 12:49:39 PM
From: DiViT  Read Replies (1) | Respond to of 64865
 
Experts: Sun lawsuit reaches too far
news.com.com



To: cfimx who wrote (47856)3/11/2002 3:27:49 PM
From: QwikSand  Respond to of 64865
 
the sole purpose of this lawsuit is to allow Mcnealy to promise "hope" to his shareholders as their savings go south. He's going to hold out this carrot of billions of $$s that will save them.

If this statement is true, then Sun really is in serious trouble. But I don't think it's true.

Nobody is going to buy or hold stock in Sun or any other company based on a highly contingent one-time gain that, if it's ever realized at all, is about as likely to be a billion or more dollars as monkeys are likely to fly out of my butt.

I think that if you could sit down with McNealy, he would probably say something along the lines that Cheryl suggests: lawyers don't cost *that* much. It can't hurt to keep the Evil Empire dancing, and keep the fact that they're crooks in the public eye. Years down the road we may pick up a few bucks but that's not the main point. As for our future, we're perfectly well aware that we make that ourselves with our products and services; lawsuits take years to resolve and are often moot by the time they're over. They're never more than a sideshow. The people who think we'd ever consider the courts as a substitute for competition in the market are either crazy or (in the main) stupid.

If he DIDN'T say this, then IMHO all of Sun management should be removed immediately, but I have more faith in them than this. The danger IMHO is that a side show of this magnitude could take on a life of its own, and distract Sun management from the real-world execution problems that they have had to grapple with for several years.

--QS