Sun Microsystems Inc (JAVA) $8.35 +1.21%
Sun Micro (JAVA) is trading down 3.6 percent in the after hours after FT.com reported that Oracle (ORCL) is bracing for a possible EU objection to a merger with JAVA. Oracle “has refused to offer any concessions to European regulators to meet their concerns about the deal, according to one person close to the process. That has left Brussels close to issuing an official statement of objections, the first step on the path to blocking it.” Link to story.
Category: All Stocks, Mid Cap Stocks, Technology Hardware & Equipment
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About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.
ahhh maybe ORCL should buy XRX lol…just kidding.
About the same price now…..
ORCL for XRX?? haha. good one.
Kudos Fred on the write-up on DRAM btw. I’m watching Fast Money right now, and absolutely NO mention on chip pricing (as they cover INTC), NOOO mention on China growth or ANYTHING!
YES Fred I’m still holding $MSH btw (way way back month OTM).
Eh, part of my decision was the back month calls on $IXIC cash a while back, but I’m still standing by my DEC $BYT’s.
PATIENCE i guess…..or….
well they are options.
Report a loss.
Honestly?
I never know but I never read too much into one days movement. Perhaps however, per your well thought out post on INTC, that gives me more information as an investor to make more intelligent decisions or steer me in the right direction.
Albeit I don’t like the MS reports (tend to like BCS reports better), I find myself putting it on my Outlook todo list with a reminder to read the report post reading your much welcomed informational article as well.
Thanks again,
RayJ
Agreed, good one on ORCL for XRX
Can you imagine paying that many high-paid consultants (since XRX’s aquistion)?
That will never happen.
I’m hoping though that something ORCL/JAVA/RHT will eventually churn out (no positions on any, but as a PC geek).
Fred, just FYI.
I use auto-route trades and I noticed something REALLY REALLY weird today when I filed CHK calls
Route GOLDMAN, SACHS & CO.
Usually routing is handled by different brokerages (as we discussed before, [i.e. ISE, Knight Capital, etc.)
ummmmmm………no wonder my ISE brokerage exchange calls are suffering?
Very noteworthy eh?
ahh nevermind, it was a GS routed order not *directed* on options…….I was hallucinating I guess!
Still thinking out further on regulatory reform and keeping my eyes open though where GS will start handling “directed” orders I guess.
FRED, A SHITELOAD OF WFC SEC filin’s just came out tonite
FYI for tomorrow
Ray
Fred………….wow
my $UKX?