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Yahoo! News - Sun Micro Could See Up to $2.2 Bln 2nd Qtr Charge

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Yahoo! News - Sun Micro Could See Up to $2.2 Bln 2nd Qtr Charge
Topic: Markets & Investing 10:00 pm EDT, Sep 30, 2002

"Computer maker Sun Microsystems Inc. said on Monday that it could take a non-cash charge for acquisitions of up to $2.2 billion if its market value did not triple by the end of the calendar year.

Sun said in its annual report filed Monday it would consider a charge in its December-ending fiscal second quarter if its market value, currently $8.4 billion, did not recover to the April level of $29.1 billion. "

Where is this stock going????

Yahoo! News - Sun Micro Could See Up to $2.2 Bln 2nd Qtr Charge



 
 
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