* Posts by Gabor

1 publicly visible post • joined 3 May 2008

Sun stock goes degenerate dwarf


Fall of the Dollar is masking the real extent of the Sun drama

Mr. Schwartz is basically blaming world economy to mask what he believes to be 'progress in developing nations and economies across the world'.

I dont quite agree with his views: for a company that makes 60% outside of the US one would expect that the impact of the sharply devaluating US$ (compared to key curriencies) would lead to a significant improvement of figures in US$.

Considering the poor results, I would expect Mr. Schwartz to join those Sun employees loosing their jobs as a result of this drama.