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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: MJ who wrote (692)	5/2/2005 9:31:27 AM
From: Glenn Petersen	Read Replies (1) \| Respond to of 7260

I had seen the denials on Friday. An LBO would have to be tempting for McNealy, though it would probably generate a lot of hostility, particularly if he took the company public again. Market Pulse: Sun Microsystems considers large acquisition - report Sunday May 1, 1:29 pm ET By Heather Wilson SAN FRANCISCO (MarketWatch) -- Sun Microsystems has set its sights on larger acquisitions, according to a published report Sunday. Sun Chairman and CEO Scott McNealy told Spanish newspaper El Pais that: "We have made some small purchases and we are going to make some bigger ones which generate more revenue." McNealy told El Pais that Dell was not one of its targets. "We have no interest in buying Dell. We are very different," he told the paper. Sun closed up 18 cents at $3.62 on Friday and traded 1 cent higher to $3.63 in the evening session. biz.yahoo.com