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Investors say: Yeah! McNealy's gone, and quickly come to their senses
Sun Microsystems' stock price celebrated McNealy's departure for about 1 hour this morning before it dropped back to it pre-shake up level.
Sun needed some new leadership, but the brief spike demonstrated that investors realized his departure won't result in an instant turnaround.
The fact remains that Sun is struggling to reach profitability. And it might have a nice product technology portfolio, but great technology doesn't always translate into great revenues.
Sun is actually living proof of that. It's up to Schwatz to proof that he can break out of that cycle.
tags: sun microsystems, scott mcnealy, jonathan schwartz
April 25, 2006 at 08:01 PM | Permalink
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» Los inversores dicen: Sí, McNealy se ha ido, y rápidamente entran en razón from Silicon Valley Sleuth ES
La cotización en bolsa de Sun Microsystems celebró la salida de McNealy durante una hora por la mañana antes de que volviera a caer hasta el nivel anterior a la reorganización. Sun necesitaba nueva dirección, pero el breve repunte demostró... [Read More]
Tracked on 26 Apr 2006 14:34:19
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