BeachRider

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    • General Discussion on JAVA
      Another tough day on Wall Street. Dvorak muses whimsically on Dell buying Sun. As this is written, JAVA is down 11.2% (the DJI is down a little less than 3%). With all the cash on hand, I don't understand why someone isn't doing an acquisition. Although marketing the OpenSource software has begun, the CxOs have had many months to get traction on matching performance of HP, IBM and other 'peers'. Sep 22 03:24 PM
    • Global Server Shipments Outpacing Economy [view article]
      Sun/Java lost market share and went down in revenues, when the rest of the industry went up. This company is not in imminent danger of collapse, but its long-term rooters have to be getting concerned. At this hour, it is down to 8.91, almost 51% for the year. These folks need to wake up. Aug 27 03:38 PM
    • Sun Beats Estimates, But Outlook Dicey [view article]
      weather (not whether), sorry. Aug 04 05:10 PM
    • Sun Beats Estimates, But Outlook Dicey [view article]
      Sun went down again today. The stock is now down 49% YTD. We want this stock to go up. If JAVA has become a slow-growth company that is exposed to sudden technology changes, then it isn't worth a high P/E. That could mean that it needs to go down to $7 until the growth issues are resolved. I don't know if the CxOs at Sun can whether JAVA at those levels for very long. One way or another, Sun will need to shake off this malaise and establish value for its investors. If they don't ... Aug 04 05:08 PM
    • Sun Beats Estimates, But Outlook Dicey [view article]
      Sun going bankrupt is a paper tiger. The problem is that they need to get this company moving or it will be a very attractive take-over target. Laying off most of the sales force and doing stock repurchase don't increase market capitalization unless they are coupled to other actions. Those actions may make it easier to sell the company to someone else, though.


      On Aug 03 11:57 AM Optimistic Investor wrote:

      > Take a deep breath and relax you purveyors of doom and gloom . I
      > see people posting the inevitable demise of SUN as if they were wishing
      > it to be true . The fact is that SUN is profitable and always has
      > been . I can only remember 1 quarter in the last 10 years where they
      > were not cash flow positive . All this going bankrupt talk is just
      > pure hooey . Sun is spinning off about 1.3 billion in free cash flow
      > on a yearly basis . Companies do not go bankrupt with 4 billion in
      > cash and with positive cash flow in the billions . The stock buyback
      > will be huge because of the low stock price . At current price they
      > will be able to buy back about 1/7th of the outstanding shares .
      > Of course this will lower the PE and lessen the dilution . They are
      > growing worldwide and like other companies relying on the US economy
      > they are seeing their customers hold back on capital expenditure
      > . So when the US economy bounces back, as we all know it will, they
      > will be there ready to grow US sales again . Proprietary software
      > will die and SUN's open source initiative will prove to be wise .
      > Why would you want to be locked into a vendor or OS when you can
      > have your choice and be indemnified against lawsuits . Dell has
      > nothing but fast food computers . They offer nothing but cheap hardware
      > without any innovation . What was the last time DELL had any innovative
      > offering ? Time to buy JAVA !       Aug 03 12:25 PM
    • Sun Beats Estimates, But Outlook Dicey [view article]
      It looks like two things have influenced today's big drop in stock price. First, they lowered expectations on future business. Second, they appear to have disappointed Wall Street with this quarter's performance. It is hard to justify further stock repurchase, but they are doing it. I was just hoping for a more forward looking perspective with this kind of result. Aug 01 05:36 PM
    • Sun's Forecast Sunnier Than Anticipated [view article]
      A lot of us don't hate Sun, but JAVA management hasn't executed on a high-benefit vision for its future. Having layed off many folks, JAVA has intense detractors (and they are writing in blogs). Solaris itself is drifting, the Open Source play is drifting and the Niagara servers are easy to compare to Intel servers of 5 years past (they are not good for databases and analysis engines, OK as webservers). The StorageTek acquisition is also losing value (much like when IBM bought Lotus). There needs to be good news from Sun in these areas. Jul 21 02:48 PM
    • Sun's Rally Fades As Q4 EPS Misses [view article]
      August 1 isn't here yet, so the official word is yet to come. If these preliminary numbers are correct, then Sun hasn't turned this around yet. Wall Street will punish Sun, if this is a 'miss'. The stock has already been beaten down quite a bit, though. Intra-day, it is at $9.45. That is off over 47% for the year. Bring on the numbers, but hunker down, if you own the stock. Jul 21 11:44 AM
    • Sun Micro Lowest Since Tech Crash [view article]
      My last comment in this vein: JAVA closed today at $10.66. It has dropped 41% YTD. That August 1 report had better be good. The VERY large cash-on-hand plus the diminishing Market capitalization could make JAVA a very tempting acquisition. Jul 02 04:46 PM
    • Sun Micro Lowest Since Tech Crash [view article]
      JAVA has the resources (a VERY high percentage of its market-cap) to drive the company. They just aren't convincing the squeamish markets that they will drive the value of the company upwards. JAVA is now down 39% since December 31. I wonder what they are waiting for. Jun 26 04:13 PM
    • Sun Micro Lowest Since Tech Crash [view article]
      At 12:19. Sun is following the trend. It is down to 11.25. It is probably good that they are trying to refine the 'Brand Identity' of their intellectual property. The 4:1 reverse-split makes it much less nerve-racking to discuss sun at 11.25 than if it were at 2.82. They just need to gain traction. That may be difficult to do in this market. It certainly hasn't happened yet. Jun 20 12:38 PM
    • Sun Micro Lowest Since Tech Crash [view article]
      Another tough day for JAVA (Sun). The general trend is up, but Sun went down 2% today. Sun on Dec 31 was 18.13, today at 4PM EDT it was at 11.42. That gives a YTD loss of 37%. They really only had one BAD quarter-surprise, but their reputation is clearly at risk. Jun 12 04:20 PM
    • Sun Micro Lowest Since Tech Crash [view article]
      17.42 on January 2. 11.72 right this minute = 32.7% drop YTD. Nearly everyone is down today, though. Jun 11 04:14 PM
    • Sun Micro Lowest Since Tech Crash [view article]
      Solaris has a solid following and is a preferred platform for much UNIX-based development. The new SMT servers are a departure from past server development. They are 1.5 GHz and slower, they have very limited processor cache (and therefore 'stall' a lot), so they seem optimal for a limited kind of workload (perhaps webservers, etc.). The StorageTek legacy hardware is getting short shrift in the new-Sun environment (STK layoffs have been heavy). They don't appear to appreciate the issue with development and support of disk-control/disk-mana... software. The Open-Source stuff looks good, but it won't contribute heavily to profits any time soon. With HP going the big-services route (just as IBM did, years ago), Sun finds itself limited in capability against aggressive competition. Perhaps it is time for Sun to sell. Jun 11 01:53 PM
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