Home
 

InvestorGuide Stock Analysis

IBM-Sun Discussions Come to an End
Excerpt from the InvestorGuide.com Stock of the Day on 4/7/2009

Sun Microsystems, well known for their computer software and Java programming language, was revealed to have been involved in merger discussions with IBM (IBM: Charts, News, Offers) in mid-March. Sun has been struggling for a couple of years, and looking for a potential merger with a number of companies. IBM was the most recent candidate, and for a while it looked like a deal was quite likely. A few weeks ago, IBM made a pretty generous offer to Sun, but over the weekend, talks appeared to have broken down. What has changed since the initial offer, and what does this mean for the future of Sun Microsystems?

Sun Microsystems appears to have made some poor decisions over the past few years, including spending too much money on buying out some other companies, and continuing to pour money into a segment of their business that wasn't doing as well. Sun has been unprofitable, and has been losing market share, so for now, searching for a buyer has been their only hope. The original deal that the two companies had on the table was quite significant; IBM was rumored to be offering $10-11 per share, more than double the share price for Sun at that time, which was under $5. The two companies overlap well, and many parties were pushing for this deal to go through. More >


Subscribe to the Stock of the Day!
 

Add to tracker

InvestorGuide Stock of the Day RSS feed

RSS
A New Day Dawns on Sun
Excerpt from the InvestorGuide.com Stock of the Day on 8/28/2007

Sun Microsystems yesterday began trading under a new ticker, after having used SUNW since their inception in the eighties as primarily a vendor of computer hardware. The computer behemoth hopes that its new ticker, JAVA, better reflects their current focus on software development and its widely used Java programming language. But will investors look favorably on the re-branding of the stock, or will they see the move as a hollow ploy to steal word-of-mouth buzz from better-known competitors such as Microsoft (MSFT: Charts, News, Offers) and Apple (AAPL: Charts, News, Offers)? More >

Sun Microsystems (JAVA) Upgrades

Date
Analyst
Old Rating
New Rating
05/14/2008
Wachovia
Market Perform
Outperform
11/07/2007
Bernstein
Underperform
Market Perform
11/06/2007
Citigroup
Sell
Buy
09/04/2007
Matrix Research
Hold
Buy

Sun Microsystems (JAVA) Downgrades

Date
Analyst
Old Rating
New Rating
05/23/2008
Morgan Stanley
Equalweight
Underweight
05/05/2008
Argus
Buy
Hold

Sun Microsystems (JAVA) New Coverage

Date
Analyst
Rating
11/12/2009
Oscar Gruss
Buy
12/18/2008
UBS
Neutral
04/22/2008
Lehman Bros.
Equalweight
Get Analysis For: