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Technology Stocks : All About Sun Microsystems

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To: JDN who wrote (41851)3/9/2001 10:47:30 PM
From: E_K_S  Read Replies (2) of 64865
 
JDN - It appears that storage demand continues strong in Europe. It will be interesting to see how Sunw's European sales go as I believe they are now introducing their new storage products to customers in this region.

Friday March 9, 6:15 pm Eastern Time

Computer storage firms say Europe looks good
www2.marketwatch.com

From the article: "...Wit Soundview analyst Gary Helmig on Thursday downgraded EMC saying it was seeing slowness in Europe -- but added those problems were due to EMC losing some big deals to rivals..."

"...Helmig said EMC had lost big deals in the financial services sector in Germany, Austria, Switzerland and Spain to Hitachi, and perhaps some to International Business Machines Corp. (NYSE:IBM - news) as well..."

"...Lehman storage analyst George Elling said a ripple effect started by the United States could hit Europe, but he had not felt it yet. ``I have not picked up from my contacts that there is a slowdown in storage in Europe,'' he said..."

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EKS
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