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Zecco.com » Top ZeccoShare Holdings » Other Symbols » The Great Debate Over JAVA
Last post 05-11-2008, 5:24 PM by Plan9. 3 replies.
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  •  05-08-2008, 3:16 AM 28701

    The Great Debate Over JAVA

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    I have been pondering for a long time now whether I want to buy Sun Microsystems Inc. (JAVA). I first started to consider to purchase their stock at around the 16 and 17 dollar range a few months ago. At a time when all stocks where getting beat up pretty well. JAVA closed at 12.83 May 7.  I though JAVA would do well but found CLR and NOOF to be better buys (Hey they were I'm up 11% on NOOF and 100% on CLR). But now I just recently read this article http://www.cnn.com/ and I am once again considering the purchase once again. Especially since Blu-Ray discs have just stomped all over HD DVDs. What is the Zeccoians' ideas about JAVA?

    .Andy. Personal Blog

    Nevada Rocket Club

  •  05-08-2008, 10:55 AM 28720 in reply to 28701

    Re: The Great Debate Over JAVA

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    In all honesty I'm still a bit of a noob. My thoughts are this is a good time to buy JAVA. It may dip some but not by much. They have a lot of really good new web technology in the works. I predict some decent growth in their near future. I've been watching ADBE as well and was wondering what your thoughts are there. Not trying to hijack your thread though...

  •  05-11-2008, 4:33 PM 28896 in reply to 28720

    Re: The Great Debate Over JAVA

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    JAVA is definitely a good buy at the current price, especially if you plan to hold on to it for a few months. Sun is selling its own operating system, a variety of servers, and a very popular programming language which is widely used in large scale business applications (zecco?). A part from that, they have the support of a very influential and innovative community around it. Finally, Sun recently added a very popular RDBMS to their portfolio by purchasing MySQL.

    I haven't had a look at their financials, but I presume you won't get the stock for less in the next couple of month. Maybe I should get a few of their stocks...


    _gekko

  •  05-11-2008, 5:24 PM 28898 in reply to 28896

    Re: The Great Debate Over JAVA

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    _gekko:
    Sun recently added a very popular RDBMS to their portfolio by purchasing MySQL.



    Unfortunately, this is why they got to their current quarter losses: bought at  $1 Billion, and it worths less than that.
    In the first place, Java wanted to aquire MySQL to sell storage devices.
    Java depends mostly, not on selling the software products, but on the computer systems and the *contracts* of maintinance support.

    I owned the stock 4 years ago, when it was SUNW, and I got a big hit. It's the time for me to think to rebound, and compensate if possible. But hey, one final note: try to never sell at a loss -- as Sun will rebound, not necessarily in short-terms. Remember, one of the Sun's past logos is "We are the *dot* in the .com".

    This means they have a strong customer base.

    For too many IT consultation projects that I've seen, that the "very" big financial instituions, most universities, and most large-scaled computer systems, they use in their core departments one of the two largely used operating systems: Sun Solaris (SunOS) or IBM AIX; it's very hard to find an MSFT-based in the core.
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