Sun Microsystems (JAVA) Hit - Steve Patterson

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Sun Microsystems (JAVA) Hit
May 02, 2008 08:44 PM UTC

Steve Patterson

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JAVA		05/02/08	+33.49%	--

Via FastSwings.com - Steve Patterson:

Sun Microsystems last night after the close reported a third quarter loss that stunned Wall Street analyst who had been looking for an 18 cent profit. The company reported losing 4 cents a share compared to making 8 cents a share a year earlier. A very good example of the need to be cautious with your positions at a companies earnings announcement.

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