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Technology Stocks : All About Sun Microsystems
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From: Arthur Tang9/6/2007 5:27:52 PM
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The company is still SunMicro. Reverse split will need to exchange to a new stock certificate, which will cost some money. JAVA is a Nasdaq symbol, so not going to change the company news.

I see positive moves until middle of September. The fact that the company had clay feet(Buddha has gold paint but made of clay), the moves may be wilder? Turn around maybe not sticking.

Fundamentally, some hardware design problems may have showed up in their own financial accounting hardware to delay the report until Nov. 5th for this quarter. Some companies may even try to borrow some time from one quarter to another? Hope JAVA does not make the same mistakes as CA? Not doing reverse split will at least avoid stockholder lawsuits?

Market makers love reverse split to buy back stock they shorted(stockholders got scared), so I see the trend being established. This stock has a year end timing for accumulation as a stockholder. Its a trading stock for now.
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