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Monthly Archive for November, 2008

JAVA’s stock worth cash on hand?

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 […]

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