Investors to Sun: We've Got Another Place for You to Put the Dot You Put in Dot-com

The market today continues to have its say on Sun’s rejection of IBM’s acquisition offer. The consensus: IBM threw Sun a rope and the company used it to make a noose. Shares of Sun–which fell nearly 27 percent Monday following the collapse this weekend of merger talks with IBM–are slipping again today on fears that the company has bollixed up what may have been its only chance at salvation.
java1

Investors to Sun: We’ve Got Another Place for You to Put the Dot You Put in Dot-com

The market today continues to have its say on Sun’s rejection of IBM’s acquisition offer. The consensus: IBM threw Sun a rope and the company used it to make a noose. Shares of Sun–which fell nearly 27 percent Monday following the collapse this weekend of merger talks with IBM–are slipping again today on fears that the company has bollixed up what may have been its only chance at salvation.
java1