IBM's Weakness Attracts New MoneyWhen IBM ( IBM) reported a
As the Sun TurnsSun Microsystems' ( SUNW) brief sojourn above the $4 barrier (yup, that's $4, not $40) ended this week as the last vestiges of momentum gained by the announcement of a "partnership" with Google ( GOOG) melted away. Shares of the beleaguered but never silent system and software vendor slipped to $3.93 on Wednesday after just seven closes above $4. (Sun closed the week at $3.98.) The news is only noteworthy because of the incredible buzz the announcement, and its attendant leaks and spins, generated on Wall Street. At one point on Oct. 4 the stock hit a morning intraday high of $4.56 -- a level it hadn't seen since Jan. 13 -- and volume tripled its daily average by noon. It was bad enough that the announcement contained
Next Week: Earnings, Earnings, EarningsOther notable earnings we'll see this week, include reports from Rambus ( RMBS) and Novellus Systems ( NVLS)on Monday; Yahoo!TICKER TYPE="EQUITY" SYMBOL="YHOO" EXCHANGE="Nasdaq" PRIMARY="NO"/>, Motorola ( MOT), Seagate ( STX) on Tuesday; EMC ( EMC), eBay ( EBAY) EMC ( EMC) and Juniper Networks ( JNPR) on Wednesday; and Nokia ( NOK); Google and SAP ( SAP) on Thursday.
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