[Info-vax] OT: IBM Offering $9-10 Per Share for Sun
Arne Vajhøj
arne at vajhoej.dk
Fri Apr 17 21:31:08 EDT 2009
Bill Gunshannon wrote:
> In article <49e7db4c$0$90274$14726298 at news.sunsite.dk>,
> Arne Vajhøj <arne at vajhoej.dk> writes:
>> Bill Gunshannon wrote:
>>> In article <49e7ce0b$0$90272$14726298 at news.sunsite.dk>,
>>> =?ISO-8859-15?Q?Arne_Vajh=F8j?= <arne at vajhoej.dk> writes:
>>>> Tom Linden wrote:
>>>>> On Thu, 16 Apr 2009 06:57:35 -0700, Michael Kraemer <M.Kraemer at gsi.de>
>>>>> wrote:
>>>>>> Bill Gunshannon schrieb:
>>>>>>> Why? Do you think HP is going to offer more per sahre than IBM did?
>>>>>>> Not likely. The thing to do now is to watch the market. If the stock
>>>>>>> goes up breaking down talks was a good idea. If the stock goes down
>>>>>>> they will be back a tthe bargaining table pretty quick.
>>>>>> and here we go:
>>>>>>
>>>>>> http://www.bloomberg.com/apps/news?pid=20601204&sid=a_Cd1zoHX4cs
>>>>> Out of date
>>>>> http://www.tgdaily.com/content/view/42048/118/
>>>> But does IBM really mean it?
>>>>
>>>> I find it hard to believe that the regulatory situation has
>>>> changed so much in a couple of weeks.
>>>>
>>>> Maybe they are also just playing hard to get.
>>> I expect they really mean it. Why play hard to get? Based on the current
>>> value of Sun Stock they could offer much less for it. As I said earlier,
>>> I really don't see what IBM was going to get out of buying Sun but
>>> considering its two main assets would be worthless to IBM and probably
>>> dumped, I can see the potential for regulator scrutiny.
>> But why were IBM interested the first time ??
>
> I had heard their only interest was in the Java Technology. If this were
> the case and their plan was to just dump SPARC and Solaris (they do have
> much more acceptable and prfitable alternatives) I can see where they
> might have regulatory oversight concerns. As it stands now, SPARC and
> Solaris are probably dead meat but IBM can't be held responsible. Not
> sure what will happen to the Java Technology if Sun collapses. Maybe
> IBM will end out with it int he end anyway.
Sounds very plausible.
But it does not explain what has changed recently.
Regarding Java, then the what SUN has is the trademarks. Practically
all the Java code has been outsourced and the various specifications
are done by the JCP. I am sure IBM and Oracle would prefer to buy
the Java trademarks instead of Microsoft, but I don't think they would
pay billions for them.
Arne
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