Feeds

Sun shares spike on Opteron optimism

Eyeing the profit barrier

  • alert
  • submit to reddit

3 Big data security analytics techniques

Shares of Sun Microsystems surged on Thursday as an analyst firm upgraded the company's stock based on its relationship with AMD.

Sun rose more than 10 percent to $5.51, nearing its 52-week high of $5.64. A note from Banc of America raising Sun to a buy from neutral appeared to be one driver of the uptick.

"Our upgrade is based on longer-term fundamentals, including our belief that Sun's partnership with AMD holds promise and a more bullish outlook on enterprise spending," the analyst firm said in the report.

El Reg broke the news of Sun's love affair with Opteron last year. Sun plans to roll out an entire fleet of Opteron-based systems from workstations to four processor boxes and eventually beyond.

The industry enthusiasm around AMD's Opteron product has sparked more and more speculation that Intel will release a x86-64-bit product of its own.

Sun is approaching $6 per share for the first time in a long while. Last year, the company enjoyed a brief share spike before reporting a large loss that caused investors to run.

Sun is set to report its second quarter earnings next week with analysts expecting a $0.05 loss on sales of $2.71 billion. A couple of firms, however, have said they expect Sun to come in closer to break-even, and our sources suggest Sun may well post a profit. &

SANS - Survey on application security programs

More from The Register

next story
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Bored with trading oil and gold? Why not flog some CLOUD servers?
Chicago Mercantile Exchange plans cloud spot exchange
Just what could be inside Dropbox's new 'Home For Life'?
Biz apps, messaging, photos, email, more storage – sorry, did you think there would be cake?
IT bods: How long does it take YOU to train up on new tech?
I'll leave my arrays to do the hard work, if you don't mind
Amazon reveals its Google-killing 'R3' server instances
A mega-memory instance that never forgets
Cisco reps flog Whiptail's Invicta arrays against EMC and Pure
Storage reseller report reveals who's selling what
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.