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"Wow do you know anything about finances? Yes Sun has larger revenue then all the Linux companies BUT lets look at share price and profits:
Today Sun's share price is at 7.85 a share
Red Hat 17.90 more then double Sun's"
Ehrm. You know, the share price is not THAT important. Imagine SUN has millions of shares at a price of $1, and Red Hat has 100 shares at a price of $10. Which company is more valuable, mr Finance Expert?
Today Sun's share price is at 7.85 a share
Red Hat 17.90 more then double Sun's"
Ehrm. You know, the share price is not THAT important. Imagine SUN has millions of shares at a price of $1, and Red Hat has 100 shares at a price of $10. Which company is more valuable, mr Finance Expert?
Ummmmm! It's important enough for people to talk about Sun being a take over target BECAUSE of it's stock price.
Also please read full posts, I didn't just talk about stock price I also talked about losses! Sun had a drop of over 200 Million dollars in profit year to year from this time last year. So stock price or not genius they are losing money not making it!
And to add to your comment.. Thinking with the logic this guy uses: Since Intel's shares are @ ~$18/share, and Google's is ~$442/share, that means Google must be 25x bigger AND better than Intel.. Hmmmmm. I DON'T think so. Market capital for Intel: $105 billion, while Google's is $139. Sure seems like they're 25x bigger to me ....




Member since:
2005-11-10
SUN is a $14 billion company, and red hat is what 300 or 400 million tops?
In fact SUN had a larger revenue that all the linux companies (and no, IBM nor Oracle are not Linux-only companies) combined. So it takes some serious amount of gall for a linux guy to say that Solaris is dead...
Wow do you know anything about finances? Yes Sun has larger revenue then all the Linux companies BUT lets look at share price and profits:
Today Sun's share price is at 7.85 a share
Red Hat 17.90 more then double Sun's
Sun's profits plunged in its most recent quarter, down to $88 million from $329 million in the same quarter last year.
That does not look stagnate to me, looks like they are losing money and also losing revenue at $3.78 billion for the quarter, compared with $3.84 billion a year ago.
And as the economy gets worse guess what??? Linux looks better and better and Sun looks worse and worse.
http://www.ecommercetimes.com/story/wallst/64257.html
With the stock price as low as it is we may see a Micro Sun soon!
Edited 2008-09-25 13:56 UTC