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I hate dumb articles like this. The "analyst" or the "journalist", I am not sure which, is equating stock price with fiscal health of the company. Sun has 2.7
by patrickg-zill 18y ago
I hate dumb articles like this.
The "analyst" or the "journalist", I am not sure which, is equating stock price with fiscal health of the company.
Sun has 2.7B in cash, 1.26B in debt, meaning that they would have about 1.4B in cash if they paid off all their debt tomorrow. That is not the sign of a company about to drop off the face of the earth.
While expensive, their T1 and T2 multi-core CPUs are innovative and useful for many tasks, tasks that people pay good money to have running quicker than before.
ZFS is hands-done a wonderful thing; and the purchase of StorageTek was to get the patent portfolio, as anyone who has been paying attention, knows.
To contrast Sun's dot-boom year of go-go 2001 to the later dot-bust years is borderline dishonest - it would have made more sense to show the last 10 or 15 years of revenue on a graph, which would show 2001 as a spike.
While Sun has tough challenges, I seem to recall people thinking Apple was going to go under not too long ago...