I want some of what Swartz is smoking #
Posted Friday 6th March 2009 14:29 GMT
Can't people recognize a posture when they see one? Schwartz's company is a turd circling the bowl and he knows it. Whenever a CEO or a politician tells you that he's not worried about something, it is a clear indication that things are actually worse than we know. It the economy doesn't turn around soon and companies continue to put big IT refreshment projects on indefinite hold, there is no way Sun can survive - at least not in it current form and without a bankrupcy filing. Unlike IBM, HP and others, Sun doesn't have the cash to ride this out and they've no place to turn to get any. Look for Sun to be carved up and sold off at bargain basement prices before the end of the year.