Sigh, kids who do not know their history. Let me enlighten you child, you see there was certain things you HAD to have if you were gonna be a "dotbomb billionaire", those fancy ass uber expensive office chairs, the waiting area had to look like you were in an LA plastic surgeon's office, and you HAD TO HAVE a wall of the most expensive Sun hardware. So you had these companies literally buying millions of dollars worth of Sun gear, walls and walls of it. Now what do you think happened when they cratered, the market is in full panic mode, and the investors are just praying they can get back 8c on the dollar of what they put in?
You see child when you have a market crash? Rational thought doesn't come into play, they move like a herd of frightened animals. You see the guy next to you is dumping that shit for any bit of cash they can get and you go "Oh fuck if I don't get out I'll be able to wipe my ass with this stock!" and it drives down prices until the shit is worthless. Now eventually sanity DOES return but since hardware has a shelf life? You still aren't gonna get shit for that 4K Sun server because by the time sanity returns you can get a 1K Intel that is faster.
What we saw was no different than after the housing bubble burst, where you could get a 3 bedroom in Ohio for $300. Everybody panics, the plummeting price causes more panic, pretty soon they'll sell you half the office for $100 just to get something out of it. So as somebody pointed out Sun ended up having to go on the market and spend millions buying truuckloads of their own hardware just to trash it to keep competing with it as it was going for a couple cents on the dollar, everybody wanted out and if it meant selling a million dollars worth of office gear for $10K? So be it.