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How's the $1B Working out?

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James Robertson

Posts: 29924
Nickname: jarober61
Registered: Jun, 2003

David Buck, Smalltalker at large
How's the $1B Working out? Posted: Oct 21, 2008 9:26 AM
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This post originated from an RSS feed registered with Agile Buzz by James Robertson.
Original Post: How's the $1B Working out?
Feed Title: Cincom Smalltalk Blog - Smalltalk with Rants
Feed URL: http://www.cincomsmalltalk.com/rssBlog/rssBlogView.xml
Feed Description: James Robertson comments on Cincom Smalltalk, the Smalltalk development community, and IT trends and issues in general.
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I wonder when we'll see Sun publicly realize that their purchase of MySQL for $1B was about as smart as EBay's purchase of Skype. It'll require a fair bit of crow eating by Jonathan Schwartz and his "we'll make it up in volume" followers at corporate HQ, that's for sure.

Why do I bring this up again? Oh, I don't know - stuff like this:

The server and software vendor reported a preliminary loss in the range of US$0.25 and $0.35 per share, including a charge of about $60 million associated with the restructuring that Sun announced Aug. 1. Not counting that charge or other one-time items, the company said it would post a loss of between $0.02 and $0.12 per share.

Bear in mind, this is well ahead of any impact from the current financial mess.

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