Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
Having just changed its ticker symbol, belatedly, to Java, Sun now wants to do a one-for-four reverse stock split to give its shares, stuck in the doldrums for years now, more heft. It would have 25% fewer shares, but each would be worth four times more, say a more presentable, peer-like 20 bucks a share. Meanwhile its results for its fiscal first quarter, ending in September, are going to be delayed until November 5 because it's wrestling in a new accounting system and wants to make sure it's working right before it posts any numbers. CFO Michael Lehman told Reuters, "It doesn't mean the quarter is bad."
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Sun News Desk commented on 18 Sep 2007
Having just changed its ticker symbol, belatedly, to Java, Sun now wants to do a one-for-four reverse stock split to give its shares, stuck in the doldrums for years now, more heft. It would have 25% fewer shares, but each would be worth four times more, say a more presentable, peer-like 20 bucks a share. Meanwhile its results for its fiscal first quarter, ending in September, are going to be delayed until November 5 because it's wrestling in a new accounting system and wants to make sure it's working right before it posts any numbers. CFO Michael Lehman told Reuters, 'It doesn't mean the quarter is bad.'
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