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


To: Jaknik2 who wrote (62954)4/29/2005 9:45:53 PM
From: sixty2nds  Respond to of 64865
 
11:59 SUNW Sun Micro squashed leveraged buyout rumor -- CNET News.com (3.70 +0.26)

In a CNET News.com story, Sun Micro (SUNW) CEO Scott McNealy calls a BusinessWeek report that suggests an investment firm is planning a leveraged buyout of the server and software company, "unsubstantiated", and part of a scheme to profit from a stock price boost. "Why would a supposedly credible rag like BusinessWeek quote an anonymous hedge fund guy on a totally unsubstantiated rumor designed to spike the stock price?" McNealy wrote to CNET News.com. "I will bet this hedge guy is laughing his butt off that BusinessWeek printed this as he profits from the $0.42 rise in the price this morning."



To: Jaknik2 who wrote (62954)4/30/2005 1:15:09 PM
From: Charles Tutt  Respond to of 64865
 
It would be, except that the shares are in the 3's.

JMHO.

Charles Tutt (SM)