Comment Re:ESR's lack of basic econ fundamentals shows her (Score 1) 671
Glad somebody pointed this out ... yes, stock price is meaningless for comparison purposes, but market cap. is meaningless also: you can validly argue that a small (in market cap) but successful tech company is making better choices than a big, failing company. I think this is what Raymond was trying to get across, but using the wrong metric to do it, and yes losing some credibility as you say.
What Raymond should have said was that Sun could be like R'hat and have over 200% growth in its stock, for the last two years instead of shrinkage ... See:
http://finance.yahoo.com/q/bc?s=SUNW&t=2y&l=off&z= m&q=l&c=rhat
This comparison in growth would be fair, at least not outright wrong at least for the two-year time frame.
But it would mask the fact that RedHat is still the wet spot left by a burst bubble:
http://finance.yahoo.com/q/bc?s=SUNW&t=5y&l=off&z= m&q=l&c=rhat
which would be dishonest.
What Raymond should have said was that Sun could be like R'hat and have over 200% growth in its stock, for the last two years instead of shrinkage
http://finance.yahoo.com/q/bc?s=SUNW&t=2y&l=off&z
This comparison in growth would be fair, at least not outright wrong at least for the two-year time frame.
But it would mask the fact that RedHat is still the wet spot left by a burst bubble:
http://finance.yahoo.com/q/bc?s=SUNW&t=5y&l=off&z
which would be dishonest.
