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Top related persons:
Scott McNealy - 2 Andreas - 1 Andy - 1 Von Bechtolsheim - 1 Andy Bechtolsheim - 1 Bechtolsheim - 1 Bechtolsheim confidentially - 1 didn't - 1
Top related locs:
San Francisco , California U.S San Jose , California Incline Village , Nevada
Top related orgs:
Sun Microsystems - 2 Arista Networks Inc - 1 Bloomberg West - 1 Arista Networks - 1 SEC - 1 Acacia Communications - 1 Cisco - 1 Arista - 1

Search resuls for: "Scott McNealy"


2 mentions found


☆ SEC settles insider trading charges against Andy Bechtolsheim, co-founder of Arista, Sun Microsystems
  + stars: | 2024-03-26 | by ( Alex Koller | ) www.cnbc.com   time to read: +3 min
Andreas "Andy" Von Bechtolsheim, co-founder of Arista Networks Inc., speaks during a Bloomberg West television interview in San Francisco, California, U.S., on Thursday, May 2, 2013. Andy Bechtolsheim, the co-founder of Sun Microsystems and Arista Networks , has reached a settlement with the SEC on insider trading charges that will cost him close to $1 million and bars him from serving as a public company officer or director for five years. Cisco announced its agreement to buy networking company Acacia for $70 per share in a $2.6 billion deal, driving Acacia's stock up 35%. "While the SEC announcement did not involve any trading in Arista securities, Arista takes compliance to the company's code of conduct and insider trading policy seriously," an Arista spokesperson told CNBC in an email. Bechtolsheim, who lives in Incline Village, Nevada, co-founded Arista in 2004 and took the company public a decade later.
Persons: Andreas, Andy, Von Bechtolsheim, Andy Bechtolsheim, Bechtolsheim, Bechtolsheim confidentially, didn't, Scott McNealy, Vinod Khosla, Bill Joy Organizations: Arista Networks Inc, Bloomberg West, Sun Microsystems, Arista Networks, SEC, Acacia Communications, Cisco, Arista, Acacia, Bechtolsheim, CNBC, Oracle, Sun Locations: San Francisco , California, U.S, San Jose , California, Incline Village , Nevada
☆ Nvidia Is a Must-Buy. Or Is It?
  + stars: | 2024-02-22 | by ( Joe Rennison | ) www.nytimes.com   time to read: +1 min
In 2002, after the dot-com bubble burst and Sun Microsystems swooned, the company’s co-founder Scott McNealy highlighted the folly of Wall Street analysts who favored one particular financial metric to gauge a stock’s worth: its price relative to the company’s sales. Mr. McNealy was musing about the “price to sales” ratio — an important measure of a company’s value relative to how much cash it generates. A high ratio can be justified if investors think a company has room to grow; a low ratio typically signals that investors think the company is accurately valued. Even if Sun passed on every dollar it was making at the time to investors, it would have taken them a decade to recover their investment. “Do you realize how ridiculous those basic assumptions are?” Mr. McNealy told Businessweek.
Persons: Scott McNealy, McNealy, Sun Organizations: Sun Microsystems, Street, Businessweek
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