SI
SI
discoversearch

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.
Strategies & Market Trends : Gorilla and King Portfolio Candidates
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chaz who wrote (4266)7/25/1999 10:15:00 AM
From: Mike Buckley  Read Replies (1) of 54805
 
Then, Mike Buckley, some posts back, observed that with revenues 20% of EMC's, it (EMC) seemed a better buy long term.

Chaz,

I have no reason to disbelieve you so I must have written that. If I wrote that as little as two weeks ago, I'm a lot smarter two weeks later. :)

For me, it's not that NTAP's revenue might be smaller. Honestly, at this very moment I don't have the slightest idea what NTAP's or EMC's revenue is. I'd have to look them up. So it's not the amount of revenue per se that is important. It's that the revenue is a symptom of the space they are operating in.

EMC's revenue is a symptom of the amount of storage needs being created by EMC's customers. EMC deals with the big boys. I'm terrible at remembering numbers (don't even know EMC's revenue!) but I do remember the big picture -- that the overwhelming majority of storage needs are being created by the largest of the large corportations thoughout the world. Their storage needs are being created at huge rates of growth partly because it is the largest corporations that are fueling the kind of usage of the Internet that creates storage needs.

It may not always be that way. An example is that the most growth of employment comes from the small companies. There may be a day when the storage needs are created by the gazillion medium and small companies. But not in the next 10 years as I see it.

I'm not suggesting in the slightest way that NTAP isn't a great company or won't be a great investment. I simply didn't want to own both. I had to make a choice and it was that sort of thinking, right or wrong, that helped me make it.

--Mike Buckley
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News