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the forgotten stock ..SUNW - Page 2

post #21 of 34
Sun Microsystems says gains mkt share for fourth straight qtr, according to analyst firm (SUNW) 6.27 +0.00 :

Co says it saw its year-to-year total server market share grow 1.5 points, according to the IDC Worldwide Quarterly Server Tracker, which was released today. Co says it was the fourth consecutive quarter that it's market share grew.
post #22 of 34
*

Aye! Who traded at $5.40 on Monday? ARRR!

*
post #23 of 34
might be going to $5.50 support

post #24 of 34
Sun Micro Shares Fall After Downgrade
Monday April 2, 12:02 pm ET
Sun Microsystems Shares Fall After Analyst Downgrades, Predicting Disappointing 3Q Results

NEW YORK (AP) -- Shares of server and software maker Sun Microsystems Inc. fell Monday after an analyst downgraded stock and suggested the company's fiscal third-quarter results may disappoint investors.

Bernstein analyst Toni Sacconaghi Jr. cut his rating on the stock to "Underperform" from "Market Perform" and said the company's third-quarter sales may have been hurt by promotional discounts.

"(We heard) of higher-than-normal channel incentives/promotional activity, and that Sun Microsystems suspended its channel inventory reduction efforts," Sacconaghi wrote in a note to investors. "We believe that revenue in the quarter could miss consensus expectations or show signs of strain (we forecast backlog will decline about $50 million, consistent with historical third-quarter levels.)"

Sacconaghi Jr. cut his 2007 earnings estimate to 12 cents per share, from a previous estimate of 13 cents per share. On average, analysts expect 2007 earnings of 10 cents per share, according to a Thomson Financial survey.

Sun's 2007 fiscal year ends in June. Shares fell 16 cents, or 2.7 percent, to $5.85 in morning trading on the Nasdaq Stock Market. The stock has ranged from $3.74 to $6.78 over the pa
post #25 of 34
Positive divergence going on with that gap to fill above.
ADX -DI is softening as well.
BUT...I'm not liking the OBV, wonder when the selling will die down.

Any input gang?
post #26 of 34
Beat the street. Now truning a profit. Future forast less spending, margin increase.
post #27 of 34
Caris upgrades SUNW to Above Average from Average and raises their tgt to $6.30 from $6 following earnings and saying although they are concerned about revenue growth.
post #28 of 34
This is big imo. This may just be the break Sun Micro has been looking for. Check out todays volume alone. Crazy! been watching this one for a year now.

SUN MICROSYS INC (NasdaqGS:SUNW)

After Hours: 4.93 0.00 (0.00%) as of 4:09PM ET on 08/23/07

Last Trade: 4.93
Trade Time: 4:00PM ET
Change: 0.07 (1.44%)
Prev Close: 4.86
Open: 4.87
Bid: 4.89 x 100700
Ask: 4.90 x 8800
1y Target Est: 6.23

Day's Range: 4.80 - 4.93
52wk Range: 4.50 - 6.78
Volume: 91,887,588
Avg Vol (3m): 85,000,200
Market Cap: 17.42B
P/E (ttm): 37.63
EPS (ttm): 0.13
Div & Yield: N/A (N/A)

Sun Microsystems Inc
SUN MICROSYSTEMS TO CHANGE TICKER TO `JAVA'
(This is a reformatted version of a press release issued by Sun Microsystems, obtained from www.sun.com.)

Sun Microsystems to Change Stock Ticker Symbol to JAVA Ubiquity of Java Technology Brand Connects Sun to Investors, Consumers and Opportunities

SANTA CLARA, Calif. August 23, 2007 Sun Microsystems (Nasdaq: SUNW) today announced that it will change its Nasdaq stock ticker symbol from SUNW to JAVA, the ubiquitous technology and brand it created in 1995. The stock ticker change will go into effect for the trading community on Monday, August 27, 2007.

"The Java brand and technology have evolved to be among the most pervasive on the internet, yielding extraordinary awareness for Sun and opportunity for the community that leverages it," said Jonathan Schwartz, president and CEO of Sun. "More than a billion people across the globe, representing nearly every demographic, market and industry, rely upon Java's security, innovation and value to connect them with opportunity. That awareness positions Sun, and now our investor base, for the future."

The Java economy as a whole includes a broad array of businesses built with Java technology, from Google and eBay, to some of the world's largest financial and telecommunications companies. The Java platform powers and is made visible via more than 2.1 billion mobile devices (Ovum 2007), nearly every PC on the internet and numerous consumer electronics and embedded systems products such as Sony's Playstation 3 video game console. Sun estimates the number of consumers that recognize the ubiquitous cup and steam on Java's brand logo to be in excess of a billion people.

Sun today generates license revenues from Java technology, but more significantly derives revenue from the software, storage, servers, services and microelectronics that power the datacenters behind global Java deployments - whether on handsets, personal computers, or in the network. Sun believes its business is advantaged by such exposure, and the change in ticker symbol more effectively connects it with the marketplace.

A complete history of Java is online at http://www.sun.com/java/ with videos that help to describe Java's role on the internet here.

About Sun Microsystems, Inc. Sun Microsystems develops the technologies that power the global marketplace. Guided by a singular vision -- "The Network is the Computer" -- Sun drives network participation through shared innovation, community development and open source leadership. Sun can be found in more than 100 countries and on the Web at http://sun.com .

Sun, Sun Microsystems, the Sun logo and Java are trademarks or registered trademarks of Sun Microsystems, Inc. in the US and other countries.

(jkt)NY
post #29 of 34
SUN MICROSYS INC (NasdaqGS:SUNW)

After Hours: 5.01 0.00 (0.00%) as of Aug 24 on 08/24/07

Last Trade: 5.01
Trade Time: Aug 24
Change: 0.08 (1.62%)
Prev Close: 4.93
Open: 4.95
Bid: 4.99 x 26500
Ask: N/A
1y Target Est: 6.23

Day's Range: 4.87 - 5.06
52wk Range: 4.50 - 6.78
Volume: 201,608,312
Avg Vol (3m): 87,059,900
Market Cap: 17.71B
P/E (ttm): 38.24
EPS (ttm): 0.13
Div & Yield: N/A (N/A)


the upternd continues
post #30 of 34
Now we are JAVA

SUN MICROSYS INC (NasdaqGS:JAVA)

Last Trade: 5.01
Trade Time: Aug 24
Change: 0.00 (0.00%)
Prev Close: 5.01
Open: N/A
Bid: N/A
Ask: N/A
1y Target Est: N/A

Day's Range: N/A - N/A
52wk Range: N/A
Volume: 0
Avg Vol (3m): N/A
Market Cap: 17.71B
P/E (ttm): N/A
EPS (ttm): N/A
Div & Yield: N/A (N/A)
post #31 of 34

keep it movin

SUN MICROSYS INC (NasdaqGS:JAVA)

After Hours: 5.15 0.01 (0.19%) as of 4:37PM ET on 08/27/07

Last Trade: 5.14
Trade Time: 4:00PM ET
Change: 0.13 (2.59%)
Prev Close: 5.01
Open: 5.02
Bid: 5.15 x 10000
Ask: 5.16 x 5100
1y Target Est: N/A

Day's Range: 4.99 - 5.25
52wk Range: N/A
Volume: 61,853,649
Avg Vol (3m): N/A
Market Cap: 18.16B
P/E (ttm): N/A
EPS (ttm): N/A
Div & Yield: N/A (N/A)
post #32 of 34


looking to see if this can break out. We'll see if the symbol switch can bring the attention it deserves. Some buy back info started this summer would be great also.
post #33 of 34
somewhere around 6 dollars. this is no rocket science.

who said 10 bucks... hahhah
post #34 of 34
Could be a rocket stock on tuesday. Beat revenue by 500 million and EPS by 400%. Estimate was 3 cents, came in closer to 12. Kind of weird that they release earnings on Saturday morning.

Should Be a Flyer
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