5torm

Sun: No Guidance, No Restructuring, No Turnaround

i have 'eyballed' this stock for many years... and eventually dumped all my stock this summer as I couldnt take it any more!!! Sun had a very good product line, this was a long time ago.. they were also decribed as the 'darlings' of the stock markets around the world and could do no wrong as there presence in the telco and finance sectors was so strong. The truth of the matter is, this was all in a time when sales people fell out of bed and picked up purchase orders in the millions! (this was in the dot com era)..

Then sales had to actually sell, not just take orders! ~they failed!

The management really is to blame, continually boasting circa 5 billion in the bank! boasting about flexing there muscles and riding out the storm. ~they failed!

They have tried to re-invent themselves ~they failed!

I predicted the reverse split will have no long term impact on the share price as the market peception is its wroth circa 4-5 bucks! Oh wow, look at the stock price! 4 -5 bucks, what a surprise..

dead meat I am afraid.