EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: JDN who wrote (13017)	8/17/2001 4:30:34 AM
From: Gus	Read Replies (1) of 17183

This is a glimpse at how EMC plays hardball. EMC is going to make HDS win each account over and over and over again just like IBM. I recall that HDS bought a piece of Sanrise ($25-$50M) earlier this year in exchange for being the sole storage supplier to Sanrise. Like most SSPs, Sanrise is probably doubling its storage requirements every quarter so it is easily a top 10 account for HDS, which booked $1.2B of storage revenues last fiscal year. HDS is going to rue leaking its major wins against EMC because EMC is clearly going after those very same customers with a special zeal. ......Other sources say Sanrise is preparing to be acquired. According to one Silicon Valley venture capitalist who requested anonymity, EMC Corp. and Qwest Communications International Corp. have both expressed interest. “Qwest’s interested because it’s lagging behind on the storage services front, and *EMC wants to take a major Hitachi Data Systems partner off the street,”* the source says. Hitachi indeed has a close relationship with Sanrise. Besides supplying its storage systems, Hitachi also purchased an undisclosed but “significant” stake in Sanrise back in March..... byteandswitch.com

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