Stock on the Move - January 13

Stocks Rise on Heavy Volumn:

• Sun Microsystem Inc. (SUNW): the Santa Clara, CA based technology giant today saw its stock price surged 7% with monster volumn - 142 million shares traded, the most traded in Nasdaq and second most traded security just behind the 218 million shares for Lucent(LU). The stock is now back to 52 week high of $4.71 per share set last Friday
• Phazar Corp. (ANTP): after posting strong second quarter result after the closing bell yesterday, the Mineral Wells, Texas based antenna system maker saw its stock skyrocketted 52.95% or $5.57 to $16.09 per share with 6 million shares exchange hands, 35 times more than normal volumn. Before the quarter report the stock was trading near 52 week low of $10.52 per share.

Stocks Drop on Heavy Volumn:

• Tyco International Ltd. (TYC): the announcement to split Tyco International into three pulic companies send the stock down 10% as investors see reducing profit and high cost, about 1 billion. The stock is down 3 dollars to $27.12 per share with 84 million shares traded, second highest on NYSE.
• SanDisk Corp. (SNDK): the flash memory card maker got downgraded to peer perform from outperform as Bear Stern analysts see the stock price, now at $72.83 per share, has reflected all positive news and strong quarter result. The stock tumbled 5.69% with 18 million shares traded but has gained almost 300% from last January low of $20 per share.