Thursday, October 23, 2008

Sun Microsystems...time to sell?

With the announcement of the leaving of Andy Bechtolsheim, you have to wonder about the report from Sun that this is just a part time departure for Mr. Bechtolsheim. Sun Microsystems has had a horrific year in 2008 with share dropping over 70%.

So is it really just a part time thing, or is Sun just grasping at straws as they slowly fade into the sunset? Sun had previously warned Wall Street to expect a loss in their 3rd quarter. So what do you think? Is Bechtolsheim just "helping out" Arista Networks for now, or is this his way of slowly pullling away from a company that has been struggling for near 10 years with financial problems?

Cast your vote in our poll down on the lower right hand side and let your opinion be tallied.

More news stories on Bechtolsheims leaving here:

Channel Web - Sun Co-Founder, Ex-Cisco Exec Land At Networking Startup Arista

E-Week.com - Sun co-founder Bechtolsheim leaves

Is Bechtolsheim gone...or not?

After the announcement of Andy Bechtolsheim leaving Sun Microsystems by the New York Times, Sun says "no way, it's just temporary". Read the story from Cnet below:

Cnet - Is Sun co-founder leaving or not?

Andy Bechtolsheim Leaves Sun....again

Forbes announced today that for the second time Andy Bechtolsheim has once again left Sun Microsystems. After a loss of over 70% of its share value this year, Sun suffers yet another blow with the leaving of Mr. Bechtolsheim. Sun shares closed at $4.72 on Wednesday. The ailing Sun Microsystems will have to look on as Mr. Bechtolsheim leaves to head up Arista Networks as its chief development officer and chariman of the board. Mr. Bechtolsheim will still be involved with Sun's systems group but will no longer work for Sun full time.

Further information can be found below.

Product Reviews - Arista Network Chief Quits Sun

Forbes - Co-founder leaves Sun, Again

Web 2.0 Journal - Sun Co-Founder Quits Sun