April 20, 2009

Sun to Become Part of Oracle

I'm not a great one for handing out stock tips, but when I said a month ago that Sun Microsystems was worth buying at $8 it looked like I was wrong when the IBM acquisition talks fell through. Just the same I held on, and now it looks like I'll be able to take a $1.50 profit when Oracle buy the company in the summer. Of course buying after the talks failed made even more sense, as Alex Martelli wisely pointed out in a comment. Thanks, Alex!

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