SaltOfTheEarth

Sun Microsystems: Burnout or Takeover Target?

"An example of how undervalued Sun appears is in the price-to-cash flow metric which is historically between 22.82 and 45.90, but at the current price it is at 6.98."

Simply put, the investor community do not value it as much as actual customers (and, as noted, potential acquiring interests) do. That means there are hidden areas of the business, that don't get the PR that Java, free software, etc get. Ergo, Sun either learns how to PR all the "boring" cash cow revenue streams or, gets subsumed by someone with lots of cash (or access to debt). No other outcomes are likely.