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 Sun Microsystems Inc., a computer maker, announced the effectiveness of its registration statement for $125 million of 6 3/8% convertible subordinated debentures due Oct. 15, 1999.
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 The company said 
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the debentures are being issued at an issue price of $849 for each $1,000 principal amount 
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and are convertible at any time prior to maturity at a conversion price of $25 a share.
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 The debentures are available through Goldman, Sachs & Co. 
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