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Sun Changes Nasdaq Symbol To Java; Will Stock Perk Up?
stanyao
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8-25-2007 4:24 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/1045bf4c-6ba7-45a7-a117-7355da10d4af/DA623332-AFA9-4630-A04C-16CBF94D75F7/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.informationweek.com/shared/printableArticleSrc.jhtml;jsessionid=B0AFJEC4XI3Z4QSNDLRSKH0CJUNN2JVN?articleID=201802015" href="http://www.informationweek.com/shared/printableArticleSrc.jhtml;jsessionid=B0AFJEC4XI3Z4QSNDLRSKH0CJUNN2JVN?articleID=201802015" style="font-size: 11px;">www.informationweek.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.informationweek.com/shared/printableArticleSrc.jhtml;jsessionid=B0AFJEC4XI3Z4QSNDLRSKH0CJUNN2JVN?articleID=201802015">Sun Microsystems is going to leave the roots of its name -- Stanford University Network -- behind and change its listing on the Nasdaq stock exchange from SUNW to JAVA. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.informationweek.com/shared/printableArticleSrc.jhtml;jsessionid=B0AFJEC4XI3Z4QSNDLRSKH0CJUNN2JVN?articleID=201802015"><P>Sun itself was a preferred brand during the dot-com boom, with Sun Solaris servers and the Java programming language being a common part of dot-com infrastructure. But the 2001 bust hit Sun hard, including its stock price. It's recovered somewhat from its January 2003 lows in the $2.60 range, but Sun is clearly hoping the Nasdaq name change will give it a boost. Its stock was trading at $4.90 by late afternoon Thursday, still at the low end of its $4.50 to $6.78 12-month range. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/DA623332-AFA9-4630-A04C-16CBF94D75F7/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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