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JNI has been under pressure ever since Nov. 10, when the stock fell 35% on two negative stories: a report from Dow Jones Newswires that Sun Microsystems (SUNW Quote) was planning to phase out JNI's SBus interface in its servers, and a story on
TheStreet.com questioning JNI's ability to succeed in a commodity industry with increasing competition. ...
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JNI Continues Sliding
Shares of storage-networking firm JNI (JNIC Quote) extended their recent slide on Monday, plunging 13% in afternoon trading.
| The Beatings JNI's ugly November |
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