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

To: MJ who wrote (62936)	4/28/2005 10:26:56 PM
From: QwikSand	Read Replies (2) \| Respond to of 64865

Yes, this is what's called an inverted double-reverse LBO, where the shareholders pay the VC's and McNealy $5.50 per share to take the stock off their hands. The bankers end up with all the shares, plus a mountain of new cash to buy Ferarris and to pay off all the debt they don't have. The shareholders end up with less apprehension in their lives about which way their investment will go. They feel better about themselves. Easier for a camel to pass through the eye of a needle and all that. It's definitely a lucrative scheme if you can get in on the banking side, but generally you have to know somebody. --QS