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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST
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To: Just4fun2 who started this subject7/23/2003 11:55:37 AM
From: Gus   of 17183
 
Sun HILL road......


Sun CEO Scott McNealy touted Sun's advances during its fiscal year, including the release of more than 20 new, low-end servers and other devices. However, he admitted that the company still has a lot of road to make up as it tries to maintain steady profits.

Sun's current low-end to mid-range server campaign is apparently dragging along a lot of low-end to mid-range SAN/NAS sales. Sun buys its low-end to mid-range SAN/NAS products from Dot Hill, which in turn, buys its RAID controllers from Infortrend (Taiwan) and sub-contracts the assembly of its arrays to Solectron.

Sun provides Dot Hill with a standard 6-month rolling forecast, but with an unusually short turnaround time of only 8 hours. Still, it is worth noting that Sun now expects to sell $101M worth of low-end to mid-range Dot Hill storage products to its installed base during the next 2 quarters.


Dot Hill Corporation (HIL)**
Revenue, by Customers

            Sales-    Sales-    Total      
Period       Sun      Others    Sales    Stock Return

FY2002     $ 11.6M  $ 35.3M   $ 46.9M       84.5%

1Q2003       22.9M     7.6M     30.5M       97.4%
2Q2003       41.4M     7.0M     48.4M      114.1%
3Q2003         -        -        -            -   
4Q2003         -        -        -            -     
FY2003         -        -      $180.0M*       -  


*Most Current Guidance.  Upped 5% from previous guidance
of $171.5M in sales for FY2003.

**HIL will change to HILL once Dot HIll moves from AMEX to Nasdaq on 7/28.
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