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ECT News Community   »   E-Commerce Times Talkback   »   Re: Sun Share Gains Fuel Takeover Speculation

Re: Sun Share Gains Fuel Takeover Speculation
Posted by: Keith Regan 2003-05-05 15:21:33
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A spike in Sun Microsystems shares has fueled long-simmering speculation that the once-mighty tech firm may be the target of an acquisition by a larger rival. On Friday, however, the company's shares gained 12 percent to close at $3.75. But some analysts said that although a buyout is possible as long as Sun's share price remains low, it may be a long shot, since Sun does not fit neatly into the business model of any major tech firm that could afford to acquire it.

Re: Sun Share Gains Fuel Takeover Speculation
Posted by: Frito_Bugger 2003-05-14 12:13:09 In reply to: Keith Regan
Based on my experiences with Sun Microsystems over the last few years as a Sun systems administrator, dealing with their poor quality control, poor technical support, and lack of being able to accurately perceive and respond to changes in the information technology sector, it is not suprising that Sun continues to lose market share and is ripe for a buyout.
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