Don Clark at Digits, a Wall Street Journal blog, asserts in an April 27, 2009, post that Sun Microsystems’ “leaders have not said anything to speak of since the transaction [that resulted in Oracle buying Sun] was announced last Monday [April 20, 2009]. See “Getting Used to the Silence from Sun Microsystems.”
“The company’s internal blogs–Sun lists some 4,385 employee bloggers–prattle on about techie topics with little mention of the proposed ownership change,” Clark contends. “CEO Jonathan Schwartz, an often-prolific blogger, hasn’t posted anything since March 18, the day the Wall Street Journal reported talks for IBM to buy Sun (Sun’s board wound up favoring the $7.4 billion Oracle offer).”
If wonder what the Securities and Exchange Commission would have thought if Schwartz and other Sun employees had started blogging about a possible sale of the company. Would it have affected stock prices? Just asking.