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Monday, April 06, 2009 4:58:12 PM
"""Shares of Sun Microsystems tumbled 22.5 percent after it rejected a $7 billion buyout bid from IBM, leaving the smaller server and software maker vulnerable to lawsuits from shareholders nervous about its viability as a stand-alone company."""
"""Brinkmanship
Some said the breakdown of the talks might just be brinkmanship and the two sides could come back to the table.
"We don't think the final chapter of this conversation's been written," said Wirtz, adding that shareholders would likely demand an explanation if talks didn't resume. "If there's no deal, all shareholders of Sun want to hear an articulation of why this company will work independently. A lot of people own the stock and you may see some noisy investors," he said."""
http://www.cnbc.com/id/30073168
Penny Spock Agonizer!!
http://i33.photobucket.com/albums/d52/ultramode/agonizer.jpg
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