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Sun Microsystems Continues To Tinker with its Stock
CFO Michael Lehman told Reuters, 'It doesn't mean the quarter is bad'

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Having just changed its ticker symbol, belatedly, to Java, Sun now wants to do a one-for-four reverse stock split to give its shares, stuck in the doldrums for years now, more heft. It would have 25% fewer shares, but each would be worth four times more, say a more presentable, peer-like 20 bucks a share. Meanwhile its results for its fiscal first quarter, ending in September, are going to be delayed until November 5 because it's wrestling in a new accounting system and wants to make sure it's working right before it posts any numbers. CFO Michael Lehman told Reuters, "It doesn't mean the quarter is bad."

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JDJ News Desk monitors the world of Java to present IT professionals with updates on technology advances, business trends, new products and standards in the Java and i-technology space.

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BREAKING JAVA NEWS
New Evans Data Survey Says Unit Testing Automation is a Growing Priority for Global Development Teams
Agitar Software, the leader in unit testing solutions, today announced results from a new Ev