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Technology Stocks : Network Appliance -- Ignore unavailable to you. Want to Upgrade?

To: DownSouth who wrote (1113)	6/22/1999 1:19:00 PM
From: riposte	Respond to of 10934

NAS Storage a $2.5B Market by 2002 Gotta like $2.5B... Steve Demand for data storage growing Worldwide market seen hitting $12.5 billion by 2003 By Stephanie O'Brien, CBS MarketWatch Last Update: 11:58 AM ET Jun 22, 1999 Market Snapshot Bond Report NEW YORK (CBS.MW) -- Data storage is likely to dominate hardware budgets in the next several years, a Seagate Technology executive said Tuesday. The market for computer storage hardware is expected to be in the multi-billions in the next several years, Dave Aune, Seagate Technology's (SEG: news, msgs) executive director of storage systems technology, told an audience at PC Expo in New York on Tuesday. Aune said he sees as much as 75 percent of the average hardware budget being set aside for data storage in the next several years. Right now, for each dollar a company spends on data storage hardware, it spends seven dollars to manage it. The goal is to bring that cost way down, Aune told CBS MarketWatch. [TEXT DELETED] In an interview, Aune said worldwide sales of network attached storage hardware is seen hitting as much as $2.5 billion in 2002. Worldwide sales of storage area network hardware is expected to grow to $10 billion in 2003, he said. [REMAINING TEXT DELETED] FULL ARTICLE @ cbs.marketwatch.com

To: DownSouth who wrote (1113)	6/22/1999 5:53:00 PM
From: Winston Chen	Read Replies (3) \| Respond to of 10934

I wonder if this is true. biz.yahoo.com Winston

To: DownSouth who wrote (1113)	6/22/1999 6:29:00 PM
From: Beltropolis Boy	Respond to of 10934

replacing ascend. ----- Standard & Poor's makes changes to S&P 500 index Reuters Story - June 22, 1999 17:46 NEW YORK, June 22 (Reuters) - Network Appliance Inc., Best Buy Co. Inc. and Vulcan Materials Co. are scheduled to move to the S&P 500 Index, Standard & Poor's said Tuesday. Network Appliance on Thursday is scheduled to replace Ascend Communications Inc., which is being acquired by Lucent Technologies Inc. Best Buy will move from the S&P MidCap 400 to the S&P 500 on June 28, replacing AirTouch Communications Inc. Vodafone Group Plc is acquiring AirTouch. Swift Transportation Co. will replace Best Buy in the MidCap 400. Vulcan Materials will replace Provident Cos. Inc., which is being acquired by S&P 500 component UNUM Corp., in the S&P 500 Index on June 29. Transaction Systems Architects Inc. will replace Vulcan in the MidCap 400. Unitrin Inc. will replace Unisource Worldwide Inc. in the MidCap 400 on June 25, following the expiration of Georgia-Pacific Corp.'s tender offer for Unisource. DST Systems Inc. will replace Aliant Communications Inc. in the MidCap 400 as of an as-yet undetermined date. United Natural Foods, Atlantic Coast Airlines Holdings Inc. and Black Box Corp. will move to the S&P SmallCap 600. Juno Lighting, Norrell Corp. and Dialogic Corp. are being replaced in the SmallCap 600.