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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 7 4:00 PM EST

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To: solihull who wrote (76736)	5/11/2001 10:46:35 AM
From: solihull	Read Replies (1) of 99985

Re: STOR Upgrade Analysts from Morgan Stanley Dean Witter project the SSP market to grow to $15 billion by 2005 (currently about $300 million). Storage service providers (SSPs) who specialize in off-premises backup to ISPs, ASPs, and others requiring large amounts of storage to support e-commerce are expected to see explosion in demand. It's only a matter of WHEN: economic recovery, capital spending begins to increase, etc. Optical service providers claim storage networking generates the leading demand for its services. For these companies it is a necessity, IMO. "StorageNetworks (STOR) 18.02 +1.22: Dain Rauscher Wessels upgrades to BUY SPECULATIVE from NEUTRAL rating with price target of $28 based on firm's confidence about its market position and enterprise demand; despite economic uncertainty, firm believes enterprises are actively looking for storage optimization, management, and cost-cutting solutions; STOR is the market-leading service provider and is the only SSP with management and infrastructure services." j

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