SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Charles Tutt who wrote (54588)6/15/2003 12:49:55 PM
From: Lynn  Read Replies (1) | Respond to of 64865
 
Dear Charles: The Wired article was definitely edited. It was on page 4, the last paragraph as I recall. Looking at page 4 now (via the link to p. 3 in my posting), it's gone.

To paraphrase the edited out part, Scott had said (after a paragraph, also gone, ending with a statement from someone that SUNW was not for sale) that SUNW was now $5., add a premium, multiple this by the number of outstanding shares, and the figure to take-out SUNW is about $28 billion (as I recall). Scott then said that he would not accept stock, only cash. Scott next said that no monopolist [but maybe it was "non-monopolist?"] had enough money to take-out SUNW. This statement was followed by a comment by the writer that MSFT had $48 billion (as I recall) cash in reserve.

Curious that this section of the article was removed.

Regards,

Lynn