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August 23, 2007 | Comments: (0)
Sun is JAVA? Huh?
So if somebody wants to find Sun Microsystems's stock price, they will have to look under JAVA, based on the company's changing of its stock ticker ID on Nasdaq next week.
The move from the SUNW identity is being done in recognition that the Java brand is more recognized than Sun, according to company President/CEO Jonathan Schwartz.
Sorry, but I don't see how this makes sense. Why not just change the name of the company to Java Systems, then, so investors won't be confused as to why Sun Microsystems is identified as JAVA on the stock exchange?
While Java has been prominent for years and is likely to remain so for the foreseeable future, it is a technology whose time in the spotlight may one day end. Then what happens?
What if IBM had identified itself as MNFRM, to identify with its mainframes, which, while still sold and popular, are not usually considered cutting-edge technology?
How about if Microsoft had identified itself as DOS?
In both instances, these companies would have had to change back.
The JAVA change just reeks of overbearing marketing and is more likely to cause confusion than clarity.
Posted by Paul Krill on August 23, 2007 02:12 PM
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In contrast to the author of this piece, I think the officials at Sun recognize that at its core the stock market is based far more on mass psychology than on pragmatism. This to me is simply one more reinforcement of that reality. Symbolism in the stock market can be just as significant as analysts' ratings. SUNW, the current ticker symbol for Sun, doesn't symbolize or represent what we as investors are buying nearly as well as JAVA does. It also sends the message that Sun is fully commited and believes in this tecnology and it's viability far into the future - a message that will not be lost on investors.
Please read more at:
http://www.omninews.com/
This type of tactic isn't just with one company. Harley-Davidson changed its ticker from HDI to HOG to reflect its owners, Anheuser-Busch is BUD, and Cedar Fair is FUN.
Posted by: Bobby at August 23, 2007 08:12 PMThis is the beginning of the end of SUN as primarily a hardware company. First the deal with IBM regarding use of Solaris 10 and now an open recognition that investors seen value in "Java" and not workstations. Of course, Sun long ago started 'branding' all of their software "Java" products even though many of them (e.g. Directory server, Mail server) didn't use Java at all. At the time this was seen as a sign of marketing desperation. Now it is being called pragmatic.
Posted by: roger at August 24, 2007 07:29 AMThis is really funny.
On a side note-- SUN invented Java and everyone except SUN made money with Java.
Although it would be quaint, I can't see why IBM would want to be associated with a Minnesota Farm. And Microsoft as "Denial of Service"? Well, ok you gotta point there!
Posted by: Brad Pitt at August 28, 2007 10:19 AMWell, I wasn't going to buy any Sun stock, but NOW, how can I avoid it? They call themselves JAVA, sort of. I'm going to go out and buy millions of shares! W00T!
Posted by: Jimmah at August 29, 2007 12:17 PMI think I agree, although this may ultimately be a pretty small issue.
Technologies normally have shorter lifespans thant the companies that created/marketed those technologies. Therefore this is short(er) term thinking to go with JAVA.
Most marketing theory, as I understand it, revolves around creating a brand. You want your brand to represent the company in some positive way. This should help attract customers to your door, where you can sell them goods and services.
But let's look at the other side of this issue. Sun didn't change their name, they changed their stock market symbol. That's probably a much smaller matter, and quicker/cheaper too. So Sun could change the symbol again in say 2020, when their big technology might be LATTE.
Brian -
The way things are going, I'm thinking that by 2020 they could very well change it to ""RUBY" or "PYTN" or maybe "GRVY".
As an ex-Smalltalker friend of mine once said long ago when Java was first introduced: "Java - an object-oriented language that only a C++ programmer could love" (and he wasn't referring to the syntax).
Cheers,
- Bill
Posted by: Bill at August 30, 2007 12:43 PMTOP STORIES
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