Will McNealy Take Sun Private?

krygny writes "There is speculation that with $7.5 billion in cash, and liquidation of other assets, Sun could leverage a buyback of all publicly traded shares of SUNW at between $5 and $5.50 per share. I suppose, that would relieve them of Sarbanes-Oxley requirements, which Scott McNealy never really liked. (Who does?) For anyone at Sun who survives the tumult, hopefully, there could also be a return to the former corporate culture."

Comments

Re:S-O.

[Anonymous Coward]

You people just don't get it.

Corporations are the only things that actually generate welfare in a modern society. Governments and consumers just consume and feed on the fruits of private entrepreneurship. I think that should entitle the corporations and people who shoulder all the responsibility to some benefits and latitude of action.

Look, I am not advocating that CEOs should ass-rape little girls, but yeah, as far as they act to the good of the company, they're acting for the good of the society and should not be troubled with inane governmental control.

Re:Laboring under the yoke and lash of Sarbanes-Ox

[koehn]

That's why I love it as a consultant! Your PITA is my $$$! SOX is the ISO-9000 of the 21st century! Woohoo!

Re:Already debunked

[ed_the_sock]

First name basis eh? Ask your pal when he is going to open source Java...

Re:public vs. private

[Anonymous Coward]

Imagine? Okay. *imagines Google founders swimming nude in pools of money* Ewwww! Where's the brain soap when you need it?

This is going to be cool

[ded_si_luap]

Sun colapsing into itself - the creation of a black hole within our own galexy!

Investors on the event horizon won't know if they're falling in or not.

Re:Doesn't make it certain.

[michrech]

Going private is irrelevant. McNealy is irrelevant. Veracity of Bill Gates and GWB is irrelevant. You will be assimilated. Bill Gates of MS has been chosen as the liaison to facilitate the assimilation. Resistance is futile.

Lower your Free and Open Source software and prepare to be boarded.

That's easy:

[santos_douglas]

I suppose, that would relieve them of Sarbanes-Oxley requirements, which Scott McNealy never really liked. (who does?)

CPA firms and recently graduated accounting students.

Re:Already debunked.

[loose canons]

You might have been just guessing or you might know something...I had to mod you insightful after I checked the weekly chart for SUNW...it happened just like you said.