Question: What base case cash flows do you forecast? Terminal value estimate? File Home Insert Page Layout Formulas Data Review View 2 Tell me what you

what you war PROTECTED VIEW Be careful-files from the Internet can contain

viruses, Unless you need to edit, it's safer to stay in A1

Exhibit 3 SUN MICROSYSTEMS Global Software &Services Sales Global Software & Services

Sales by Share: 2008 9 IBM MSFT EDS 3.6% 10 1.0% 12

13 16 17 18 19 21 22 'EDS was acquired by HP

March 2009. 91.5% 26 27 28 29 Exhibit 3 Exhibit 4 Exhibit

5 Exhibit 6 Exhibit 7 Exhibit 8 Exhibit 9 Exhi O Type

here to search File Home Insert Page Layout Formulas Data Review View

2 Tell me what you war PROTECTED VIEW Be careful-files from the

Internet can contain viruses, Unless you need to edit, it's safer to

stay in A1 Exhibit 3 SUN MICROSYSTEMS Global Software &Services Sales Global

Software & Services Sales by Share: 2008 9 IBM MSFT EDS 3.6%

What base case cash flows do you forecast? Terminal value estimate?

File Home Insert Page Layout Formulas Data Review View 2 Tell me what you war PROTECTED VIEW Be careful-files from the Internet can contain viruses, Unless you need to edit, it's safer to stay in A1 Exhibit 3 SUN MICROSYSTEMS Global Software &Services Sales Global Software & Services Sales by Share: 2008 9 IBM MSFT EDS 3.6% 10 1.0% 12 13 16 17 18 19 21 22 'EDS was acquired by HP in 2008 24 Data source: Datamonitor, "Global Software & Services: Industry Profile," March 2009. 91.5% 26 27 28 29 Exhibit 3 Exhibit 4 Exhibit 5 Exhibit 6 Exhibit 7 Exhibit 8 Exhibit 9 Exhi O Type here to search File Home Insert Page Layout Formulas Data Review View 2 Tell me what you war PROTECTED VIEW Be careful-files from the Internet can contain viruses, Unless you need to edit, it's safer to stay in A1 Exhibit 3 SUN MICROSYSTEMS Global Software &Services Sales Global Software & Services Sales by Share: 2008 9 IBM MSFT EDS 3.6% 10 1.0% 12 13 16 17 18 19 21 22 'EDS was acquired by HP in 2008 24 Data source: Datamonitor, "Global Software & Services: Industry Profile," March 2009. 91.5% 26 27 28 29 Exhibit 3 Exhibit 4 Exhibit 5 Exhibit 6 Exhibit 7 Exhibit 8 Exhibit 9 Exhi O Type here to search

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