[Beowulf] Breaking: IBM pulls bid for Sun Microsoft+Yahoo redux
cocoy.dayao at gmail.com
Mon Apr 6 05:10:29 EDT 2009
Sun could be just posturing. Sun has good engineers and good
technology. Still at 9.40 per share, Sun is overpriced. If the deal
doesn't go through, I'd expect Sun's stock price to fall.
On 04 6, 09, at 3:57 PM, Greg Lindahl wrote:
> On Mon, Apr 06, 2009 at 08:50:25AM +0100, Huw Lynes wrote:
>> If true, I choose to interpret this as a very good thing. Assuming
>> doesn't declare chapter 11 next week.
> Sun has several billion dollars in the bank. But you did notice all
> the damage that Yahoo suffered from the failed Microsoft bid? Just
> wait until Sun's stock price falls back to what it was, and watch the
> wagons circle and the guns fire inwards.
> We hired a great guy from Yahoo, so it wasn't all bad :-)
> -- greg
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