Sun Rises as New Server Debuts

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Sun Microsystems (SUNW) - Get Report was up 3.4% in late morning after it unveiled the Sun Fire 15K server, a new high-end machine designed to compete with offerings from IBM (IBM) - Get Report and Hewlett-Packard (HWP) .

Sun asserts that the Sun Fire is "built on technologies that radically alter the performance level and reliability" of servers while lowering costs of ownership.

IBM was up 0.5% and H-P was down 1.2%.