Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 284.31

+5.8%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Trader who wrote (48188)	6/20/2001 11:27:54 PM
From: Gottfried	Read Replies (2) of 70976

John, OT *** Storage: The Short and the Long of It By Monica Rivituso June 19, 2001 EARLY TUESDAY MORNING, Salomon Smith Barney analyst H. Clinton Vaughan issued a note cutting his growth estimate for the data-storage industry. The move knocked 2% to 3% off the stocks of three of the industry's top companies: EMC (EMC), Network Appliance (NTAP) and Brocade Communications (BRCD). No surprise there. With the exception of a brief rally in April and May (along with the rest of the technology sector), the three companies have been market whipping posts for much of the past year. Since last fall, when EMC, Network Appliance and Brocade each hit 52-week highs, they've plunged 75%, 91% and 73%, respectively. Salomon said to expect revenue growth of 10% to 15% this year, not the 15% to 20% the firm had been talking about earlier. And that was enough to bring out the knives anew.<[snip] From Smart Money smartmoney.com Maybe storage first and then switch to telecom later? Gottfried

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next