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Short Take: Zander to sell shares

Sun Microsystem's president and chief operating officer Ed Zander has filed to sell 50,000 shares, with a value of $3.14 million, according to a Securities and Exchange Commission filing. The sale, which represents a small portion of his 1.3 million shares, comes at a time when the company's stock has lost about 30 percent of its value since early April.

Sun Microsystem's president and chief operating officer Ed Zander has filed to sell 50,000 shares, with a value of $3.14 million, according to a Securities and Exchange Commission filing. The sale, which represents a small portion of his 1.3 million shares, comes at a time when the company's stock has lost about 30 percent of its value since early April.