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

To: QwikSand who wrote (54592)	6/15/2003 8:29:19 PM
From: Lynn	Read Replies (2) \| Respond to of 64865

QS, Charles: The _Wired_ article was not edited. We are all attributing a section from another article to the _Wire_ one. I dropped the author of the _Wired_ article e-mail and he just wrote back, telling me the article had not been edited--what is on the web site is identical to what is in the print edition. His e-mail made me take a look at articles posted the end of the week. Here is the section of a Reuter's article we read: NON-CONVICTED MONOPOLISTS "Anybody who doesn't think we're relevant hasn't been to JavaOne," McNealy said, after holding up a newspaper article that questioned Sun's ability to capture more revenue from the widespread proliferation of Java. McNealy, well known in famous in Silicon Valley for his caustic comments about Microsoft and his trenchant wit, also suggested that Sun -- whose shares have staged small rallies in recent weeks on takeover rumors -- is not for sale. "Take $5 (a share) times 3.3 billion shares outstanding and you get $15 to $20 billion and then add a premium to that," McNealy said, adding that he would want cash, not stock. "How many non-convicted monopolists can afford that?" McNealy asked, a reference to Microsoft, which was ruled a monopoly and has $48 billion in cash on its balance sheet. Message 19031117 BTW, I like my paraphrased version better than the original. Scott put the premium on top of $15-20 billion. I think my botched statement of $28 billion would bring u a bit more. Lynn