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Technology Stocks : All About Sun Microsystems

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To: QwikSand who wrote (63940)8/4/2006 9:26:26 PM
From: E_K_S  Read Replies (1) of 64865
 
Here is what the Inquuirer thinks:
theinquirer.net

From the article"...Sun up on comeback talk

Layoffs also help shares rise

By Martin Veitch: Friday 04 August 2006, 16:46

SHARES IN in Sun edged up four per cent today after the Unix giant’s latest layoffs and speculation that the company could pull off yet another transformation exercise.

A "buy" rating by Benjamin Reitzes yesterday gained attention after the UBS analyst compared new CEO Jonathan Schwartz’s turnaround recipe to that of Anne Mulcahy’s similar success at Xerox over recent years.

Reitzes’s optimism is based on Sun’s "stickiness" with customers and prospects for revenue growth, as well as, presumably, the tougher approach Sun is taking to headcount and various revenue-dissipating activities.

Over the years, Sun has variously been written off as likely to fall victim to Intel, Microsoft, HP, Red Hat and many others but has bounced back to embarrass pundits.,,"

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I am looking for slow and steady growth again but maybe this time it will actually happen.

EKS
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