Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LEGATO SYSTEMS LGTO -- Ignore unavailable to you. Want to Upgrade?

To: A. Wayne who wrote (691)	1/24/2000 6:14:00 PM
From: A. Wayne	Respond to of 1138

Monday January 24, 4:52 pm Eastern Time Company Press Release Polaris Selected by Legato to Develop and Deliver SAN 101 Course Over the Internet New SAN Academy to Provide Free, Online Technical Instruction To Organizations Worldwide WESTBORO, Mass.--(BUSINESS WIRE)--Jan. 24, 2000--Polaris Service, Inc., a leading storage networking consulting and education firm, today announced that the company has been selected by Legato Systems, Inc. (NASDAQ:LGTO - news), the leader in enterprise storage management software, to develop and deliver the curriculum for SAN 101. This is the first course of Legato SAN Academy, a series of free, online courses that will explore the fundamentals and the technical aspects of storage area networking (SAN). The SAN Academy will offer courses throughout the year to help businesses and organizations worldwide understand, plan and deploy SAN technologies. Polaris, who developed and instituted the industry's first hands-on fibre channel training course and has since delivered technical training courses specific to storage area networks, will develop and deliver the curriculum for SAN 101, entitled ``A Foundation for Understanding SANs.' The SAN 101 course will be instructed by Polaris Senior SAN Consultant, Ron Lovell who brings over 15 years of IT experience to his lead role at the SAN Academy. ``As a leading provider of storage networking consulting, education and user support, we are excited to partner with Legato on this pioneering event,' said Tom Willson Chief Executive Officer of Polaris. ``Our expertise in SAN design and implementation coupled with Legato's expertise has resulted in a curriculum that will benefit anyone considering implementing a SAN.' The first course offered by Legato SAN Academy is SAN 101, a two-hour introductory class that will study when a SAN is needed (and when it is not); fibre channel technology and why it is important to SANs; how to build a SAN; and typical SAN implementations. At the end of SAN 101, students will have a clear understanding of storage area networks, their basic components, and their implementation value. ``Our customers see 2000 as the year of the SAN and look to Legato to help them better understand the technology and plan for its deployment,' said Nora Denzel, senior vice president, Legato Systems. ``We are pleased to partner with Polaris, a leader in storage education and consulting, to offer the first, free technical education program to provide the tools necessary to understand SAN technology and how to successfully architect and implement it so that immediate returns on SAN investments will be realized.' SAN 101 will be offered on February 9 from 9:00 am-11:00 am EST, and 12:00 pm-2:00 pm EST (9am-11am PST). Attendees must register for SAN 101 at the Legato SAN Academy web site, at www.sanacademy.com. The first 1,000 registrants will be eligible to win a Palm Pilot V personal organizer. Registered attendees will receive an email with detailed instructions on how to attend. Interested parties unable to attend the live sessions will be given instructions to download the entire presentation materials and audio from the Legato SAN Academy web site. Participants of any level, whether deploying or planning a SAN, or wondering if a SAN is needed, are encouraged to attend SAN 101. The course provides the foundation upon which subsequent Legato SAN Academy courses will build. Subsequent courses will explore SAN implementations for LAN-free backup, serverless backup and clustering in great detail. Refer to www.sanacademy.com throughout the year for new SAN courses being offered through Legato SAN Academy.

To: A. Wayne who wrote (691)	1/24/2000 8:35:00 PM
From: Edwarda	Read Replies (1) \| Respond to of 1138

Thank you, A. Wayne, both for your sharing your real-world experience with the thread so that I do not sound like a credulous dingbat and for your refocussing on the critical issues. I have seen the same thing at other companies, so I am willing to give Legato's management the benefit of the doubt. Steve Wise is not a stupid person and he has seen other software companies that were cooking the books go down in flames. (Informix comes to mind.) He would not be likely to put himself into so vulnerable a position knowingly, IMO. I am still working on the growth rate off the new base and shall post it and estimates when I feel some sense of clarity. Unlike a "sell-side" analyst on Wall Street, I do not have to come up with something, anything, immediately; for this thread I can give it some thought and I don't expect the stock to get away from us in the near term. I suspect that between us, Chuzz and I can post some quality information for determining growth rates, cash flows, and target P/Es. This is a bad week in terms of earnings reports, but I am working on it.