Sun Microsystems Tumbled

Toggle sidebar Toggle sidebar
L

LordSnailz

Diamond Member
Nov 2, 1999
4,821
0
0
yup, gonna pick some up for fun ... should be good for longer term hold as cal166 said.
 
edro

edro

Lifer
Apr 5, 2002
24,326
68
91
I am a complete investing n00b... but to me... this stocks looks like a great buy.
 
Scarpozzi

Scarpozzi

Lifer
Jun 13, 2000
26,392
1,780
126
Probably is, but in general, Sun is losing marketshare to Linux. (RedHat, SLES, etc) Proprietary Unix systems are losing marketshare in the medium-sized business sector and some larger businesses have been pulling their systems because support costs run so high.

I don't know about Java royalties, etc....

The company is stable, but Sun would have to have something big cooking to get the prices above $16 again.
 
W

wedi42

Platinum Member
Jun 9, 2001
2,843
0
76
downtrend over 1 year - check
downtrend over 3 months - check

i'd personally avoid it, but i'm not looking for long term investments.
 
Gibson486

Gibson486

Lifer
Aug 9, 2000
18,378
2
0
Originally posted by: johngute
downtrend over 1 year - check
downtrend over 3 months - check

i'd personally avoid it, but i'm not looking for long term investments.
Click to expand...

I have to agree. Their marketing plan stinks and they really do not want to change it.
 
T

tfinch2

Lifer
Feb 3, 2004
22,114
1
0
Originally posted by: JS80
What do they even sell today? How are they still in business?
Click to expand...

That's what I've been wondering. It's also funny how they are trying to become a player in the virtualization market.
 
Fritzo

Fritzo

Lifer
Jan 3, 2001
41,920
2,161
126
I'm not sure they're going to be around forever. Seems like people aren't as hot on their products as they once were, and Sun never diversified itself to branch into other fields.
 
Miramonti

Miramonti

Lifer
Aug 26, 2000
28,653
100
106
Darn, that's why I haven't picked up any volatility in SUNW lately, I used to trade it a lot. :frown:

Anyhow, because a stock is down 20% overnight certainly doesn't automatically make it a good deal.

 
Skeeedunt

Skeeedunt

Platinum Member
Oct 7, 2005
2,777
3
76
Originally posted by: JS80
What do they even sell today? How are they still in business?
Click to expand...

They'll sell you overpriced hardware so you can runny shitty Java apps on their crappy OS. How can you go wrong?
 
ponyo

ponyo

Lifer
Feb 14, 2002
19,688
2,811
126
Originally posted by: jjsole
Darn, that's why I haven't picked up any volatility in SUNW lately, I used to trade it a lot. :frown:

Anyhow, because a stock is down 20% overnight certainly doesn't automatically make it a good deal.
Click to expand...

Yeah I used to trade SUNW too. One of the former four horsemen. I remember when the stock was $100/shr. It's one of the few stocks I got out in time during the dotcom boom/bust.

Why this company haven't sold all its assets and distribute the proceeds to the shareholders is a mystery. The company as is is just paycheck machine for the management goons.
 
iamwiz82

iamwiz82

Lifer
Jan 10, 2001
30,772
13
81
Originally posted by: Skeeedunt
Originally posted by: JS80
What do they even sell today? How are they still in business?
Click to expand...

They'll sell you overpriced hardware so you can runny shitty Java apps on their crappy OS. How can you go wrong?
Click to expand...

Overpriced is an understatement.

If they do under will that mean MS Virtual Machine will come back? :p
 
You must log in or register to reply here.

TRENDING THREADS

COMPANY
RESOURCES
FOLLOW
Top Bottom