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Technology Stocks : Son of SAN - Storage Networking Technologies

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To: Douglas Nordgren who wrote (2809)2/28/2001 10:34:23 AM
From: Sam  Read Replies (1) of 4808
 
Whew, Doug, you're on overdrive these days! I can hardly keep up with all the stuff you're digging up.

One of the paragraphs in this article reads:
<<"Spending on disk storage should reach $53.3 billion by 2004, nearly twice the amount spent in 1999, according to an IDC study. But based on the average of all studies predicting the revenue for disk storage for 2001, it will be a $70 billion market this year," said Ed Broderick, analyst at the Robert Francis Group, Hopewell Junction, N.Y.>>

Does it make any sense to say that spending on disk storage would be $53.3b in 2004, but $70b this year? Is Broderick being misquoted, or am I missing something? Or is there a typo? Do you have any idea if these numbers are for hardware alone, for both hardware and software, or for hardware, software and administration costs as well?

My pea brain wildly spins with all the stuff that is going on.
Sam
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