Sun's stock price "tumbled" but it's still up 30% from a month ago. The
price nearly doubled, in anticipation of what IBM would pay; so that
collapsed when the deal did, but still left them ahead of where they
had been.<br>
Peter<br><br><div><span class="gmail_quote">On 4/6/09, <b class="gmail_sendername">Joe Landman</b> <<a href="mailto:landman@scalableinformatics.com">landman@scalableinformatics.com</a>> wrote:</span><blockquote class="gmail_quote" style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;">
<span class="q">Huw Lynes wrote:<br>
<blockquote class="gmail_quote" style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;">
On Sun, 2009-04-05 at 19:41 -0400, Joe Landman wrote:<br>
<blockquote class="gmail_quote" style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;">
Not sure if you've seen this yet, but Sun appears to have rejected the
IBM bid as being insufficient. The claim is that they wanted out
of the exclusivity bit, likely to try to get a better deal from someone
else. So it seems IBM yanked the deal.<br>
<br>
</blockquote>
<br>
If true, I choose to interpret this as a very good thing. Assuming Sun<br>
doesn't declare chapter 11 next week. <br>
</blockquote>
<br></span>
Don't think they will do Chapter 11 next week. Though if they
don't announce a new suitor today, I am guessing they will announce a
new CEO this week.<br>
<br>
That and sidle back up to IBM, to beg them for another chance.<span class="q"><br>
<br>
<br>
-- <br>
Joseph Landman, Ph.D<br>
Founder and CEO<br>
Scalable Informatics LLC,<br>
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