Stanford University Network Workstation, more commonly known as Sun Microsystems, has decided to change its ticker symbol to something a little more meaningful and symbolic.
The SUNW symbol will be changed to the new trading symbol of JAVA as of next week. This marks a new step in the company’s growth strategy, focusing on the power and brand strength of Java as a technology for the web.
Sun is not changing the company name, they will still remain a systems company, however they are simply not just a workstation company and they feel that Java does a better job of capturing what they do on the trading room floor.