Hardware Heaven updates
By Michael Baron, CBS MarketWatch
Last Update: 9:32 AM ET May 2, 2000 Hardware Report
NEW YORK (CBS.MW) -- Technology companies involved in supplying and building the Internet age still have plenty of room for growth, said Steven Milunovich, computer analyst with Merrill Lynch. "I'd say we're about one third of the way through" the infrastructure build-out, he told a room of money managers on Tuesday at the second day of the brokerage's Hardware Heaven technology conference. Four companies Milunovich expects to benefit from the continued build-out are EMC (EMC: news, msgs), Network Appliance (NTAP: news, msgs), Lexmark (LXK: news, msgs) and Sun Microsystems (SUNW: news, msgs), all of which he has designed as "buys."
Steven Fortuna, Merrill's PC hardware analyst, said he expects Dell Computer (DELL: news, msgs) to take away Compaq's (CPQ: news, msgs) market leadership in 2000 and 2001. He sees the direct sales model that Dell and Gateway (GTW: news, msgs) employ as the dominant way of selling computers going forward. Fortuna also said he expects 18.5 percent unit growth worldwide in 2000.
See Monday's Hardware Heaven Renegades |
