More Sun snapshots
“Sun may be the harbinger of bad times in the hardware business, but their results haven’t been what could be called strong for a few years now,” said Dan Olds, an analyst with the Gabriel Consulting Group. “Their products are good and innovative, but there are no game changers.”
Last November, Sun performed a one-for-four reverse stock split that pushed shares above $20. Since that time, Sun’s stock has been battered, closing Monday at $5.78 a share in regular trading.