Wednesday Oct 22, 2008

160.6 million shares and counting

This is interesting:

Value investment firm boosts stake in Sun Micro

   ``Memphis-based Southeastern said it has talked to Sun's management, and
      will have further discussions "regarding opportunities to maximize the
      value of the company for all shareholders."''

Hawkin's company has lost between $1 and $2 billion in their investment in GM over the past decade.  Hopefully they will do better with their  Sun ownership.

I think odds are he's going to stir things up a bit at Sun.  Probably not the same way Carl Icahn tried to at Yahoo but I suspect he will be a force in directing our future.  

If anything it provides pressure on the Board to fulfill their responsibility to the stockholders.   

About

Chris Kasso

Search

Categories
Archives
« April 2014
SunMonTueWedThuFriSat
  
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
   
       
Today