57 Comments
- Error601, on 10/10/2007, -1/+40It matters because it's a pretty strong statement about their direction.
- inactive, on 10/10/2007, -2/+27People might confuse it for a new coffee company and invest...
- PhoenixAvatar2, on 10/10/2007, -1/+16If you're asking if it matters then why did you post it?
- WiseWeasel, on 10/10/2007, -1/+11Could the sun be setting on Sun hardware? I wonder how this bodes for Solaris...
- danielphin, on 10/10/2007, -1/+7I'm sure Starbucks glanced at it
- saifatlast, on 10/10/2007, -0/+4I would bet it's much higher than that.
- dissident, on 10/10/2007, -0/+4like I posted earlier, the stock it not undervalued, it just has a very high number of outstanding shares.. 3.5 billion or so.. the market cap is very high, and I'd argue it's overvalued, not undervalued. If they want the price to be higher, they should do a reverse split, but that would probably cause the market cap to go down because the stock is overvalued as it is. Just for the stock to double from here to 11 dollars a share would mean the market cap would have to go from 17 billion to 35 billion, and that's just not going to happen.
- BelkinDonuts, on 10/10/2007, -4/+8In similar news, MSFT is now known as BSOD.
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http://www.SanCairoDiCopenhagen.com/tbpmd.html - dissident, on 10/10/2007, -0/+3the stock is not dismal, it just has a really high number of shares outstanding, 3.5 billion, which puts the market cap at over 17 billion, which is quite high. The stock is fairly valued, if anything it's overvalued based on revenues and profits.
- Error601, on 10/10/2007, -1/+4You do know the primary use of java is not on the client side?
- inactive, on 10/10/2007, -0/+3Those must be the Sun monkeys dugging down any reference to the FACT that there is no programming language that last forever. Saying so is just as stupid as the Gates's "640K ought to be enough for anybody" quote (misattributed btw).
- Error601, on 10/10/2007, -0/+3Yea, I was being sarcastic. Java drives much of the large application systems in the world.
- Error601, on 10/10/2007, -0/+3Typical digg stupidity. I guess it's easier to stick head in sand and digg down rather than go to www.sun.com and check the product line. The E10K is a decade old and isn't even made anymore. You'll need hundreds to thousands of those little dells to make one of the large servers. The real computing world isn't all video games and web sites.
- Error601, on 10/10/2007, -0/+2Digg version of stock being "dismal" is if there's a large amount of shares compared to market cap. They probably also figure they have more money if their $100 is in singles verse twenties.
- yoshihama, on 10/10/2007, -3/+5The sun is already down on Sun Hardware, they're just lighting candles and telling you it's bright out. The world of high-priced specialty servers (Sun e10k, etc) is gone. The last reason to keep them around was to run Oracle, but with the advent of Oracle 10g, it's just stupid to buy a one million dollar box when you can buy 5 Dell boxes for half the price and see better performance. When they started shipping Intel and AMD processors, the writing was on the wall. Now it's all over but the shouting.
- atozand1to10, on 10/10/2007, -0/+2I hate this website. It never has pics when they are needed.
- TheLedFloyd, on 10/10/2007, -1/+3Gobias Industries
- inactive, on 10/10/2007, -1/+3Why would they want to change their symbol to the project that drains their resources and is given away for free? Unlike GOOG there is no advertisement revenue from their flagship product.
- .Steven, on 10/10/2007, -1/+3"Does it matter?" A bit hypercritical, the poster thinks it is digg worthy, however questions if anyone should care. (Irony: Hey, this is what digg has become)
- praisethelard, on 06/06/2008, -0/+2I'll take 1000 shares!
- meanfish, on 10/10/2007, -0/+2Sun makes a large chunk of change off of training, certification and selling books on Java programming.
Another potential idea I've been kicking around is that they might be gearing up to try to gain a presence in the corporate desktop OS market and possibly even the home market. With a stable and proven virtual machine and an office suite already made, they're currently in the process of trying to make OpenSolaris user-friendly through Project Indiana. With a parallel to .NET (the open-sourcing of Java all but makes it language agnostic) as well as an initiative to make the desktop more user-friendly, the dominoes are in place to make this work if they can be successful at it. And when it comes to the ability to execute, Sun is not a company that inspires doubt. Additionally, they can succeed in many places where Linux has not because they have a face that is trusted by corporations around the world to go along with their offering. And regular people know Java as "that plug-in" that they use to play games and such on the internet. So why not put out there what people know and trust? - simeonb, on 10/10/2007, -3/+5I don't know why this is being dug down, it is a valid observation. Java is very popular now, but that will almost certainly not be the case forever.
- Error601, on 10/10/2007, -4/+6Why because Java is such an insignificant thing on the Internet these days?
- Error601, on 10/10/2007, -0/+2Why not try reading their annual report instead of assuming they get no revenue?
- yoshihama, on 10/10/2007, -3/+4I think software knew they were heading to the top the minute Schwartz took the helm, having come from the software organization. But as software goes, it should really be the Solaris guys in the spotlight, not Java. Unless of course we're shining the spotlight on fat, bloated and slow software. If that's the case, "Hello Java".
- Terr01, on 10/10/2007, -0/+1No problem. My Java programs are the type that you install.
- toxictonic, on 10/10/2007, -3/+4Java is doing very well....
- saifatlast, on 10/10/2007, -1/+2pfft. TO find out if it matters.
- Error601, on 10/10/2007, -1/+2Maybe because java is an application system and not just a programming language. You don't even need to use the java language to hook into the JVM although it's the easiest way.
- redlemon, on 10/10/2007, -2/+3yes.
- jamdogg, on 10/10/2007, -3/+4Won't drive the stock up. Try improving the company and making profits. Then you'll get your share boost.
- monsterofNone, on 10/10/2007, -3/+4this what happens when pony tail sporting marketing weenies get control of a once proud technology company.
they change an acronym, call it "refining the brand," and pat themselves on the back. - lucifuge, on 10/10/2007, -0/+1I hear they only hire certified Anarapists
- Error601, on 10/10/2007, -3/+4Wow...was that ignorant. You might want to learn something about computers before making retarded claims like that.
- Darkhacker, on 10/10/2007, -1/+2If by "very well" you mean that corporations jumped on it like a trampoline since Java and OOP were going to cure cancer in the 90s and now they are all stuck with maintenance code like they were with COBOL in the 70s.
Then yes, Java is doing amazing. - Error601, on 10/10/2007, -0/+1Obviously you know nothing about java or how it's being used.
- nedzeve, on 10/10/2007, -0/+0What's the connection between Sun's hardware and Sun's multiplatform OS?
- nedzeve, on 10/10/2007, -0/+0It's easier to talk out of your ass?
- 0ddity, on 10/10/2007, -3/+3He means no-one else in the company I believe.
- zephc, on 10/10/2007, -4/+4Lisp?
- joe7845, on 10/10/2007, -0/+0M#
- netsql, on 10/10/2007, -2/+2It means Sun can't sell HW: Sparc!
And they think Java can go against C#/Flex...and some bus. model.
.V - truthseeker69, on 10/10/2007, -4/+4Hell, I'm just impressed the CEO did something...stock is dismal: http://finance.google.com/finance?client=ob&q=SUNW
Note stock symbol is SUNW.
I like Finance.Google's AJAX!! Squirt!!!! - po43292, on 10/10/2007, -4/+4What is this sun?
- tgunner, on 10/10/2007, -4/+3No
- inactive, on 10/10/2007, -2/+1@Error601 -- I have not read their annual report. Is there really Java-related revenue and is significant? Like most developers, I don't pay for Java except for in frustration, configuration and expensive programmers that hold you hostage--but that can be said of any software platform.
- kbro, on 10/10/2007, -3/+1Well, JAVA will resonate with a lot more people than Stanford University Network Workstation.
It feels like a coming-out party for the software side of Sun. - euphemizeme, on 10/10/2007, -3/+1J++ anyone? sigh...
- purpledrank, on 10/10/2007, -2/+0No; it does not matter.
- jenrzzz1, on 10/10/2007, -3/+1Something like 80% of businesses have Java installed on their machines.
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