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Technology Stocks : Network Appliance

NTAP 109.59

-0.2%

9:40 AM EST

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From: pirate_200	8/23/2005 11:09:30 AM
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"Critical Mass: Network Appliance Takes On Tier One" ---- varbusiness.com ---- "For many years, Strategic Technologies (STI) president Mike Shook was quite satisfied partnering with storage-system providers Hitachi Data Systems and Sun Microsystems. The $100 million Cary, N.C.-based integrator regarded the two vendors as best-of-class in their respective data-center and midrange-storage segments. Successful businesses don't stand still, though, and STI is no exception. Last year, Shook decided to broaden the company's storage portfolio and started shopping around for a key player. His pick? Not the company you'd expect. STI didn't go with storage leaders EMC or Hewlett-Packard. Nor did it go with IBM. Instead, the company added Network Appliance (NetApp), the fast-growing, second-tier supplier of midrange and high-end storage systems that today is nipping at the heels of tier-one vendors." ---- See link for full article, good overview of NTAP and business, especially channel sales vrs. direct sales.

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