Dear Calvin: Yes, EMC reported earnings earlier this morning and they were down-right excellent:
Quoting from one EMC corporate news release posted to the EMC thread (re: earnings), one can read this section as saying: a.) EMC is becoming a to-be-recconed-with competitor of NTAP; and b.) the storage market in general is very, very healthy and the NAS market is growing:
"We believe we gained market share against all major competitors during the quarter, in both storage systems and software as well as emerging segments such as storage area networks (SANs) and network-attached storage (NAS)."
[snip]
"EMC's SAN revenues were more than $250 million in the first quarter, up more than 60% sequentially compared with the fourth quarter of 1999. Revenue from EMC Celerra, the world's premier enterprise-class network-attached storage (NAS) system, also rose sharply, with industry-leading sequential quarterly growth of about 40% compared with the fourth quarter of 1999."
Message 13451645
I am providing the SI URL for the article because the poster did not cite the URL source [and, to be honest, I'm too lazy to go over to EMC's site right now].
Personally, I think EMC's earnings report, especially the NAS market aspects, are positives for NTAP.
Regards,
Lynn, who holds both NTAP and EMC |
