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

To: I Am John Galt who wrote (51387)	9/5/2002 6:36:54 PM
From: cfimx	Read Replies (1) \| Respond to of 64865

when you come back, youll find a company that has dramatically reduced its costs.

To: I Am John Galt who wrote (51387)	9/5/2002 8:24:33 PM
From: CYBERKEN	Respond to of 64865

Well put...

To: I Am John Galt who wrote (51387)	9/5/2002 8:31:18 PM
From: QwikSand	Respond to of 64865

"Reclaim"???? ROFLMAO. --QS

To: I Am John Galt who wrote (51387)	9/5/2002 9:14:45 PM
From: Lizzie Tudor	Respond to of 64865

It sounds like you are trying to justify the NIH syndrome with this post. Lizzie

To: I Am John Galt who wrote (51387)	9/6/2002 10:59:18 AM
From: patrick tang	Read Replies (3) \| Respond to of 64865

want to say that this post really takes the bonehead award for the day, except that the company IS really run this way! Of course the stock price reflects that. Nothing is by itself good or bad, it the moderation that makes the difference. Put some numbers to what you are proposing and one can immediately see that running a company, any company without using cool head and hard figures will lead to nowhere. McNealy sized this company for $4.5B/Q in sales. That's 50% above current run rates before this company can be a 'real' company. 35%/yr growth rates are gone. Even if IT spending comes back, 15%/yr will be extremely good. Even under that scenario, sunw will be carrying deadwoods for 3 years before they are needed. Want to invest in the future, carry the R&D. But cut the rest. The last time sunw had $3B/Q in sales, it had 25k headcount. Even with extra R&D, it should not have more than 30k. This company can/should cut off 10k without missing a beat in R&D/future. And the first place to cut will be people who think like this poster, totally devoid of any sense of business. And that mean starting at the top with McNealy. With this philosophy, this stock will never go up, regardless of whether IT spending returns or not, regardless of how fast suwn can grow top line, regardless of how much market share sunw can win. No cost cutting to right-size the company, no share price - the street has spoken. With this philosophy, this company is totally not investment grade, short term or long term. But with $6B in assets, solid biz that's gaining market share, strongly going into new ares, solid R&D, AND easy easy way to make this whole thing profitable without hurting any future prospects, a nothing stock price, somebody will make the move and raid. If McNealy takes care of the cost himself, maybe 7k or even 6k will do the job of taking the share price up to the point that people won't raid. And he will get to keep all that R&D/future. But at such a ridiculous stock price of toady's, somebody WILL raid. When that comes, 15k cut will be the place to start. R&D will definitely not be spared. You choice, cut 6k/7k now, or 25k/28k later.