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Mntsnow
06-15-2003, 8:40 AM
Network-computer maker Sun Microsystems Inc. is going on the offense against arch rival Microsoft Corp. by building its Java software as a consumer brand.

"We're going from defensive to offensive," Sun Chairman and Chief Executive Scott McNealy said at a press conference after his keynote speech at Sun's JavaOne technical conference in San Francisco Friday.

"We spent eight years building and protecting this brand and now it's time to go on the offensive."

At the same time, Sun is still in defensive mode, as speculation persists that it may be a takeover target in light of the 92 percent drop in its stock since a record closing high of $64.31 in September 2000.

Read more (http://money.cnn.com/2003/06/13/technology/sun_java.reut/index.htm)

a Bill
06-15-2003, 9:54 AM
I don't think people should compare stock prices from that time to the present. The stock market was a mess back then with Cisco being worth trillions of dollars as an example.