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The Lounge What is on Your Mind? What do you think of the Oracle-Sun deal? Post 302363101 by cjcox on Monday 19th of October 2009 11:45:14 AM
Old 10-19-2009
To simply GIVE UP and declare that all business, large or small, should cash in to aid the very few remaining mega-monopolies is simply un-American. I like small business and still believe in innovation. Simply said, Sun GAVE UP. They didn't even try to make it... they were tired and the high execs cashed in. Remember, NOBODY else at Sun actually benefits from this move... not the employees, not the customers... nobody.

So... what about Wall St.? Oddly enough, this benefits only a small percentage as well. Sun has lost over 75% of its valuation due to McNealy and Schwrtz... basically, the investors were apparently told a story... they bought that story... that story was not true, and now they simply want out with a little bit of their original investment... but it's likely that everyone is pretty upset. People are lazy, I believe it they were not lazy, they might not have rubber stamped the deal from Oracle.

Sun is dead... Sun technology is dead... and Larry now has my next vote for next CEO failure. We'll see, but I think this move might be the dumbest acquisition in history. Bye bye Larry.
 
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