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Technology Stocks : Son of SAN - Storage Networking Technologies

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To: Douglas Nordgren who wrote (1958)5/13/2000 10:25:00 AM
From: J Fieb  Read Replies (1) of 4808
 
here's another Dell snippet...

Its server and portable computer revenues are growing at an annual rate of about 50 percent, providing the company with healthy profit margins, Niles said in a recent report.

However, not all was sunny in Austin, Texas.

During a conference call yesterday, Dell executives said a new high-end storage product is three months behind schedule. The product, based on the technology Dell got when it acquired ConvergeNet in September 1999, is in early testing and likely will be released in the fall instead of the summer, Dell executives said.

While Dell's bread and butter currently comes from computer systems, not standalone storage devices, the company is hoping to make storage a much bigger part of its business.
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