Linked by Amjith Ramanujam on Wed 27th Aug 2008 17:09 UTC, submitted by stonyandcher
Dropping profits and stock prices have analysts speculating that Sun could be a target for either acquisition or a restructuring in which the company would sell off parts of the business and focus on a smaller set of technologies. In a July 31 report, the 451 Group analyst firm raised the possibility of Sun being acquired: 'Sun's sunken stock price creates a relative bargain considering its roughly $4 billion cash on hand, sizeable intellectual property and patent portfolio, and of course, its respected technology and products'.
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Member since:
2005-12-15
I agree. It was a stupid article and analysis.