like I posted earlier, the stock it not undervalued, it just has a very high number of outstanding shares.. 3.5 billion or so.. the market cap is very high, and I'd argue it's overvalued, not undervalued. If they want the price to be higher, they should do a reverse split, but that would probably cause the market cap to go down because the stock is overvalued as it is. Just for the stock to double from here to 11 dollars a share would mean the market cap would have to go from 17 billion to 35 billion, and that's just not going to happen.
Typical digg stupidity. I guess it's easier to stick head in sand and digg down rather than go to www.sun.com and check the product line. The E10K is a decade old and isn't even made anymore. You'll need hundreds to thousands of those little dells to make one of the large servers. The real computing world isn't all video games and web sites.
theledfloydAug 25, 2007
Gobias Industries
dissidentAug 25, 2007
like I posted earlier, the stock it not undervalued, it just has a very high number of outstanding shares.. 3.5 billion or so.. the market cap is very high, and I'd argue it's overvalued, not undervalued. If they want the price to be higher, they should do a reverse split, but that would probably cause the market cap to go down because the stock is overvalued as it is. Just for the stock to double from here to 11 dollars a share would mean the market cap would have to go from 17 billion to 35 billion, and that's just not going to happen.
error601Aug 25, 2007
Typical digg stupidity. I guess it's easier to stick head in sand and digg down rather than go to www.sun.com and check the product line. The E10K is a decade old and isn't even made anymore. You'll need hundreds to thousands of those little dells to make one of the large servers. The real computing world isn't all video games and web sites.
joe7845Aug 25, 2007
M#
nedzeveAug 25, 2007
It's easier to talk out of your ass?