Look Whos Talking: February 12, 2001
Sometimes it pays to invest in your worst enemy. Just ask Sun Microsystems co-founder and chief scientist Bill Joy.Sometimes it pays to invest in your worst enemy. Just ask Sun Microsystems co-founder and chief scientist Bill Joy. Even as he rides Unix to riches, Joy has been known to bet a few bucks on Microsoft. In November, Joy registered to sell nearly 3,000 Microsoft shares worth about $200,000 at the time, according to First Call/Thompson Financial. Of course, Sun is the biggest contributor to Joys retirement fund. In November, he exercised and sold roughly 800,000 Sun options worth about $63.6 million, according to First Call. Good move. Suns stock has fallen more than 50 percent since Joy exercised and sold those shares.
> Keep a close eye on Onyx Software, a small CRM specialist in Redmond, Wash., thats growing 100 percent annually. The company recently inked a close partnership with Microsoft. But thats just the beginning, according to an executive who runs a rival CRM company. Microsoft signed a similar alliance with Great Plains Software in 1999, and ultimately purchased the company in 2000. My CRM source is betting that Microsoft will follow the route with Onyx sometime next year.