Sun Microsystems (JAVA) Hit

Posted by:srpatterson 1485 days ago • Discuss • http://fastswings.com

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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