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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: Beltropolis Boy who wrote (3380)12/15/1998 12:08:00 AM
From: Gus  Read Replies (1) of 17183
 
......Oltsik, however, doesn't expect leading storage vendor EMC Corp. to sign up for StoreX, and Compaq, IBM, and Hewlett-Packard also aren't early supporters. These major storage companies, says Oltsik, don't want to open up their software intelligence to others.

"EMC will try to ramrod the SAN market with its own [proprietary]
implementation," says Oltsik. "If StoreX comes off, it's EMC's worst
nightmare." But that's not certain to happen: He says Sun has only six months to get serious support for the platform.


techweb.com

".....Sun has only 6 months to get serious support for the platform." Meanwhile, anywhere from 60-85% of ALL business data still resides in mainframe systems at the Fortune 1000 and customer storage requirements continue to increase every single year. Tough gig even for the swaggering company that wants to displace Wintel at the center of the computing universe.
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