SUNW to JAVA, changing trading symbols

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.

Tags: java, stock, sun, sunw, ticker