At the close of business today, Sun Microsystems‘ stock price took a wallop – down over 12% to $3.61/share. Let’s do some math: According to the Yahoo Finance, JAVA’s market cap is current $2.67 billion, and as of the close of the last quarter (9/28/2008), they had $2.63 billion in cash. Granted, some of that […]
Category Archive for 'finance'
In college, some of my favorite courses weren’t computer science, they were finance courses. There are no minors at Mudd, but if there were, I was pretty close to getting one in economics. I’ve been following the bull market of the past few years, along with more gloomy details on subprime mortgages, inflation, our national […]