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Sun narrowed losses in second quarter

US technology company Sun Microsystems last night reported better than expected results for its second quarter to the end of December.

The company recorded a net loss of $125m or four cents per share, compared with a loss of $2.3 billion in the same period a year earlier. Sales fell by a smaller than expected 1% to just under $2.9 billion, but this was a 14% improvement on the previous quarter.