Sun Microsystem’s (NASDAQ:JAVA) hit a low this week of $8.71. There was a stronger rally and a close at $9.16 today. The financial times reports Sun Micro chief sees rays of hope, and Bloomberg Sun Rises After Fourth-Quarter Profit Tops Estimates.
I cashed out in March at $16.32, so that’s like a 50% drop in share price. I was lucky having been at MySQL long enough to have options to vest. Newer employees are not that lucky. I certainly hope
MySQL Sun Employees get the Q4 weighted bonuses. (A structure I didn’t believe compensated with the old bonus structure).
I have been following more closely since Matt Asay’s comments in Who is buying Sun?
Image courtesy of Google Financial’s.