Sun Micro Rises on Analyst Remarks - TheStreet

Sun Microsystems (SUNW) - Get Report was up 7.5% in preopen Instinet trading after Goldman Sachs analyst Laura Conigliaro made cautiously optimistic remarks about the computer server and workstation maker.

The analyst said the worst effects of Sun's "missteps" were over and that U.S. business was stabilizing, with a slight uptick.

Conigliaro said Sun is seeing a return to more normal customer activity.