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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: William F. Wager, Jr. who wrote (4485)2/23/1999 10:02:00 PM
From: jelrod3  Read Replies (2) of 17183
 
Impact of Dell's announcement today on EMC?

"Dell, with partners, expands data storage line-up

By Eric Auchard

NEW YORK, Feb 23 (Reuters) - Dell Computer Corp. (Nasdaq:DELL - news) on
Tuesday introduced a new line of corporate data storage equipment designed to position
the top-ranked direct supplier of personal computers for rapid growth in the emerging field.

Dell said it has begun shipping new PowerVault storage area network systems to
customers, expanding the range of the products it offers to work with powerful computer
servers and act as a replacement for higher-cost mainframe data storage systems.

The Round Rock, Texas-based company entered the market last June with promises to offer competitive pricing more than 50
percent below those offered by suppliers of existing high-volume storage systems."

biz.yahoo.com
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