The Inquirer: Is Sun Becoming a Dying Star?
Oct 06, 2003, 18:00 (10 Talkback[s])
[ Thanks to Jason
Greenwood for this link. ]
"The vulnerability of Sun Microsystems has rarely been outlined
as much as the world saw last week.
"It almost had a pink outline round it.
"Sun's current stock price of $3.31 gives it a total stock
equity of about $10.8 billion but with cash of $5.7 billion for any
buyer, the effective price is probably only about $5 billion. Or
maybe a buyer should take a leaf from the dotcom book of rules, and
buy the company with less than 10% cash and pay the rest in