Comments on: Five reasons Sun won't be acquired
Amid a tight credit market and skepticism about the computer company's product lineup, a dramatic restructuring might be the only way to make investors happy.
Amid a tight credit market and skepticism about the computer company's product lineup, a dramatic restructuring might be the only way to make investors happy.
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Java is a rock solid language and VM. Not so much on the desktop, although I can lots of good stuff with it, even low level functionality that is fast, but it is king in the enterprise for a good reason.
As for PDFs, if you don't use it then you don't know how good they can be. I'm running around with them left and right here at work and they are doing just fine! Not going to move to some un-tested product from anybody else (where is the Microsoft coontender these days? haven't heard anything about it since like a week after it was announced!).
Don't get me wrong, I use ASP.NET at work, but Java and that it is becoming open source, is not something that should go away.
Stop using applets written by amateurs.
Admittedly a very challenging market and depressed stock price. But awfully lazy reporting by an outlet serving technologists.
They have spent millions and millions and NOTHING to show for it except massive losses and total lack of interest and laughter by the Storage Community. Launch after launch, for years and years. AND to top it off, they bought Storage Tek and destroyed that brand. Truly pathetic.
as this was put into effect before the 1-to-4 reverse split. This leaves KKR drastically further
underwater than the uncorrected story indicates.
The current management team has produced a loss of $20 billion in market cap, has failed to deliver any semblance of a business strategy, has bred a demoralized base of remaining workers, has driven many of the best and brightest workers out of the company, and has misled and deceived investors and analysts for years. And less than one month ago the entire BoD was re-elected!!!??? Schwartz 's open source strategy is completely bizarre as increasing number of observers are now pointing out. The open storage notion is equally brain dead.
As far as the KKR "investment" goes, this was a con job. KKR put $700M into Sun in the form of a loan with convertible warrants for Sun stock. This deluded impressionable investors into believing that KKR saw real value in Sun. If KKR believed Schwartz's open this, open that, WEB2.0, Participation Age technobabble, shame on them. At this point, I do not believe that KKR is concerned about their warrant position that is worthless below $28.84/share. At this point it's all about the $700M they loaned Sun that could be at risk.
Why would anyone still work there?
I'm proud to be a Sun employee as long as Sun continues to innovate. Whatever marketing/management problem Sun has pales in comparison to the fact that the world has created a financial system where companies which live on pushing derivatives, ponzi schemes and selling houses to people who can't afford them are bailed out while companies which create products and intellectual property are valued at less than zero.
With regards to mpitogo's post, an Apple/Sun merger would be very interesting as Apple has no presence in the large scale enterprise and Sun has no real presence in the desktop. That makes a lot of sense strategically and their products mirror each other very well. I believe it would be a good marriage. Sun would then have decent marketing finally ... think of it! :)
By any measurement, SUN is losing money and market share against it's competitors. Squeezed on the low end and the high end. Great engineering gives you bragging rights, but no sales---> the endusers don't care when budgets are tight. Just look at the retail business sector. NO company(Circuit City, Linens and Things, Sharper Image, to name a few) can survive this trend; they go Chapter 11.
And i agree with RP69, folks love seeing Sun on resumes, it means you've actually built stuff for a real business, and not just to play with.
- by AppleSuxLeo November 23, 2008 8:46 AM PST
- Sun is burned out LOL They caused the new ice age.
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