Submission + - Sun Aiming at 4-for-1 Reverse Stock Split (physorg.com)
eldavojohn writes: "It sometimes signals troubles with stock prices but it essentially means that each stock holder's shares will be quartered while the price of each quadrupled. This doesn't seem to be the case with Sun however. From the article, "CEO Jonathan Schwartz said that having Sun's stock below $10 — where it has been mired since 2002 — created an inaccurate perception that the Santa Clara, Calif.-based server and software maker was still struggling to overcome its post-dot-com era slump. He said competitors pointed to Sun's stock price to sway "naive customers who might not be able to look beneath the surface." Sun's stock has been holding at around five dollars for years now."
