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

To: Jaknik2 who wrote (63067)	6/2/2005 10:09:06 PM
From: Charles Tutt	Read Replies (2) \| Respond to of 64865

I figger Scott's just trying to get his hands on some more real estate in the valley. JMHO. Charles Tutt (SM)

To: Jaknik2 who wrote (63067)	6/2/2005 10:29:39 PM
From: QwikSand	Respond to of 64865

It will all be clear after the next acquisition. --QS PRNewsWire -- July 1, 2005. Sun Microsystems today agreed to acquire Chads-R-Us (BB:CRUS), a paper tape storage company, for $3B in cash. The buyout represents a 4000% premium over Chads-R-Us' market value as of yesterday. "We're consolidating the living crap out of storage", said Sun President Jonathan Schwartz in his blog at www.mylittlepony.com. "If you want storage, you're gonna have two choices, period: Come to Sun, or go elsewhere. Period." "People call it a premium, but I don't see it that way", said Chads-R-Us CEO Pete Punchly IV. "People say we've been out of the storage business since 1972, but that's not how I see it. It's just the opposite: we've been right at the heart of the storage business: cold storage." Punchly went on to explain that for the last 35 years most of the 400-lb. paper tape punch/reader units that Chads-R-Us manufactures have been leaned up against the doors of walk-in freezers whose latches had broken. "Too much has been made of magnetic media," Punchly said. "Sure, it's poked a few holes in our pricing power, but magnetic's got plenty of problems too. Somebody unleashes a hostile EMP (Electro-magnetic pulse) or walks by with a magnet in their pocket, and where's your data then? Paper tape's cheap, reliable, archival, heck, it even smells good," Punchly said. "And the chad can be recycled. We've been sending most of it to Sudan as food relief, but after the buyout a lot of our chad will go to reinforce the foundation of Sun's new 90-story headquarters in San Jose." "Scott's a visionary. Some people look at paper tape and see the holes. Scott sees the future." Punchly said most of Chads-R-Us' administrative, manufacturing and sales personnel will be redundant after the merger, and Chads-R-Us has not employed engineers since 1968. ("Don't need 'em. We ain't broke," explains Punchly.) But after the buyout, which is expected to be approved by the DEA, Punchly will assume the position of General Manager of Sun's new DataWHOLE business unit. Punchly will receive twelve million SUNW options.