$3 Billion Companies: Sun and GM
The online Wall Street Journal showed these interesting statistics this morning:
| Market Cap | Cash from Operating Activities (Last Quarter) |
|
| Sun Microsystems | $2.8 billion | $148 million |
| General Motors | $3.0 billion | ($9,661 million) |
Here at Sun, we are often tempted to see the proverbial glass half-empty and draining fast.
However, being part of a business that generates positive cash flow in a quarter when the financial markets collapse and the king of the automotive industry hemorrhages $10 billion in cash isn’t so bad.
Plus, it’s nice to know Jonathan isn’t in front of Congress with tin cup in hand.
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