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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: dr_spock who wrote (64370)9/11/2007 2:31:51 PM
From: Mark O. Halverson  Respond to of 64865
 
...Anyone else care to explain the recent rise in the stock price?

While symbol change may be providing small stock price boost, I think JAVA price gains mostly from perception of improved fundamentals. Keep in mind, Sun is just now into positive earnings per share territory. With earnings/revenue currently such a miniscule number, tiny boost in profit margin would give large percentage drop in P/E, were price not to rise correspondingly. Its called leverage. As profit margin increases further (I think it will), leverage should boost stock price inordinately

Best, Mark



To: dr_spock who wrote (64370)9/11/2007 3:48:11 PM
From: QwikSand  Read Replies (2) | Respond to of 64865
 
Here is my estimated breakdown of the components of recent price gain:

a) Ticker symbol change: 0%
b) Announcement of intention to reverse split: 10%
c) Product cycle refresh combined with cost cuts: 38%
d) Random market irrationality: 15%
e) Sun technical conference: 29%
f) Other: 8%

Here's a question for you: why would you tend to believe more strongly in the effect of the ticker symbol change as the price approaches $10?

Why not $7.00? Why not $20.00?

In fact, why would you think the ticker symbol change had anything to do with it at all?

--QS



To: dr_spock who wrote (64370)9/11/2007 10:32:47 PM
From: cfimx  Read Replies (1) | Respond to of 64865
 
you know if it gets to $10 and it was the ticker symbol that did it, Mr. Pony Tail will have started a massive trend. Companies everywhere will be changing their ticker symbols right and left! The reverse stock split may also become a fixture in corporate America. Sun Micro is certainly back to innovating.