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Technology Stocks : StorageNetworks, Inc. (STOR)
STOR 32.210.0%Feb 3 4:00 PM EST

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To: Glenn Petersen who started this subject8/4/2000 3:25:16 PM
From: The Other Analyst  Read Replies (1) of 187
 
excerpt from a Reuters story, mentioning STOR

Sanjay Lodha of Pictet Asset Management, who co-manages
the Canadian-registered National Bank Global Technology Fund,
says all the data moving around the Internet is made to order
for companies that specialize in the hardware and software used
for information storage. "There is a huge requirement for
information to be stored somewhere," he said, which bodes well
for companies like EMC Corp. .
Lodha adds that companies like StorageNetworksInc.
are carving out their own niche by letting customers
outsource their storage requirements. "It takes away the need
to invest in the hiring of managers and equipment."
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