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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (63234)8/30/2005 6:44:56 PM
From: E_K_S  Read Replies (1) of 64865
 
Sun May Move All Storage To StorageTek Brand

By Joseph F. Kovar, CRN
5:10 PM EDT Tue. Aug. 30, 2005
(http://www.crn.com/sections/breakingnews/dailyarchives.jhtml?articleId=170101898)

From the article:"...It will be interesting to see the play between the general Sun reps and StorageTek reps," the solution provider said. "Supposedly, StorageTek will have autonomous sales organization through the fourth quarter of this year."

For many in the channel, the opportunity to get a complete ILM offering makes the merger of Sun's and StorageTek's storage lines a sweet one...."

Maybe SUNW will eventually spin off their newly acquired storage division. Sunw has spent lots of money on their storage solutions and as the industry has grown, SUNW has not participated in this growth. Perhaps the STK group will make the moves needed to transistion into this growth market. In a few years SUNW could spin off this division and stock holders will see the money.

Just look at what Seagate has done during the same period.

Time will tell with this deal.

EKS
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