$3 Billion Companies: Sun and GM
By identity on Dec 09, 2008
|Market Cap||Cash from Operating Activities|
|Sun Microsystems||$2.8 billion||$148 million|
|General Motors||$3.0 billion||($9,661 million)|
Here at Sun, we are often tempted to see the proverbial glass half-empty and draining fast.
However, being part of a business that generates positive cash flow in a quarter when the financial markets collapse and the king of the automotive industry hemorrhages $10 billion in cash isn't so bad.
Plus, it's nice to know Jonathan isn't in front of Congress with tin cup in hand.
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