| By Java News Desk | Article Rating: |
|
| August 31, 2007 05:00 AM EDT | Reads: |
14,905 |
Jonathan Schwartz, CEO, Sun Microsystems
"It's one of the few technologies that may outlast the century," Schwartz continued. "I'm not worried about its permanence."
The backlash on his blog hadn't taken him by surprise: "I knew ahead of time changing a ticker to which a generation had become accustomed would be hard. And that it'd draw out the cynics." he wrote, before continuing:
"We've been driving a lot of changes recently, and change is hard. Every decision has adherents and detractors (from moving to free software, to signing deals with former competitors - even getting rid of styrofoam in our cafeteria). Change is also the primary ingredient in progress. I'm committed to our decision - our ticker, and one of the highest volume equities on NASDAQ, is now JAVA. (And in response to the obvious question, the symbol SUN was unavailable, and plenty of companies name their ticker after their highest value brand, COKE among them.)"
Schwartz also responded to those who had asked him whether as CEO he expected a ticker change to have any impact on Sun's share price. "None," he answered, adding: "No rational investor would buy on a ticker symbol. Investors buy on financial results or expectations (or trading patterns)."
"I do expect the change to drive greater awareness of the Java brand," he noted - something every Java partner has asked Sun for, for years, he wrote.
Published August 31, 2007 Reads 14,905
Copyright © 2007 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By Java News Desk
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.
![]() |
aN0n 08/31/07 06:49:05 AM EDT | |||
FSCK or even BOFH would have been a better choice indeed! |
||||
- It's the Java vs. C++ Shootout Revisited!
- Patterns for Building High Performance Applications
- Asynchronous Logging Using Spring
- Java for Programmers (2nd Edition)
- Cross-Platform Mobile Website Development – a Tool Comparison
- Three Buzzwords That Every CIO Hears but One They Should Listen To
- Write Once Run Anywhere or Cross Platform Mobile Development Tools
- Immersing into JavaScript Frameworks
- Workday Reportedly Prepping to Go Public
- Cloud Expo New York: The Java EE 7 Platform - Developing for the Cloud
- Book Review: Sams Teach Yourself Java in 24 Hours
- OpenOffice.com Lives
- Book Excerpt: Introducing HTML5
- Adobe Sends Flex to the Apache Foundation
- Five Years Waiting for JRE 7: Is It Justified? (Part 1)
- Book Excerpt: Java Application Profiling Tips and Tricks
- i-Technology in 2012: Five Industry Predictions
- It's the Java vs. C++ Shootout Revisited!
- Patterns for Building High Performance Applications
- OpenXava 4.3: Rapid Java Web Development
- The Next Web Architecture
- Asynchronous Logging Using Spring
- Java for Programmers (2nd Edition)
- Is Write Once Run Anywhere Ever Going to Be a Reality?
- A Cup of AJAX? Nay, Just Regular Java Please
- Java Developer's Journal Exclusive: 2006 "JDJ Editors' Choice" Awards
- JavaServer Faces (JSF) vs Struts
- The i-Technology Right Stuff
- Rich Internet Applications with Adobe Flex 2 and Java
- Java vs C++ "Shootout" Revisited
- Bean-Managed Persistence Using a Proxy List
- Reporting Made Easy with JasperReports and Hibernate
- Creating a Pet Store Application with JavaServer Faces, Spring, and Hibernate
- Why Do 'Cool Kids' Choose Ruby or PHP to Build Websites Instead of Java?
- What's New in Eclipse?
- i-Technology Predictions for 2007: Where's It All Headed?





















