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Strategies & Market Trends : The New Economy and its Winners

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To: 16yearcycle who wrote (11409)	5/8/2002 2:54:07 PM
From: 16yearcycle	Read Replies (1) of 57684

NetApp sees 25-30 pct network storage industry growth May 08, 2002 2:27:00 PM ET SAN FRANCISCO, May 8 (Reuters) - The data storage networking industry could see a 25 to 30 percent increase in revenue this year as corporate technology spending stabilizes, the chief executive of Network Appliance Inc. (NTAP) said on Wednesday. CEO Dan Warmenhoven said he expected to top Wall Street's expectations that his company would have revenue around $950 million this year. "My personal goal is to make sure we get back to a billion," he told investors at a conference.

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