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Original Post: Sun has decided to change its stock symbol from SUNW to JAVA.
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Sun has decided to change its stock symbol from SUNW to JAVA. How exactly this is supposed to help them get their stock price out of the basement it's been living in for the last five years I can't quite figure out. Frankly this seems like a step backwards. While Java is undeniably important, it's mostly been a cost center for Sun. They've never made much if any profit out of it. When it comes to actual revenue, it's still all about the hardware sales. Part of Sun's precipitous stock price drop was a direct result of forgetting where their money actually came from. As a stockholder, one of the things I've liked about Sun since Schwartz took the reins is the refocusing on actual, profitable business lines, most of which have little to nothing to do with Java.
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