Sun CEO thinks the internet provides broader distribution than traditional media

The reaction to this will be interesting.

This (sun.com) website is a tremendous vehicle for the broad delivery of timely and robust information about our company. It is our view that proprietary news outlets are insufficiently accessible to the broad majority of Internet users and individual shareholders. It is certainly the case that the Internet represents a broader user base than those able to afford subscriptions to traditional forms of media and thus usage of this or any other freely available company blog or web site should be considered sufficient in satisfying the objectives of Regulation Fair Disclosure.

Sun CEO Johnathan Schwartz describes the benefits of using his blog to disclose financial information in a fax to the SEC