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Technology Stocks : Emulex, What Prospects? -- Ignore unavailable to you. Want to Upgrade?


To: Shafik Habal who wrote (382)6/22/2000 11:47:00 AM
From: Shafik Habal  Respond to of 788
 
DJ Emulex Corp In Reseller Pact With StorageTek

COSTA MESA, Calif. (Dow Jones)--Emulex Corp. (EMLX) agreed to let Storage Technology
Corp. (STK) resell Emulex's LightPulse fibre channel host bus adapters as part of
StorageTek's range of data storage products and services.
In a press release Thursday, Emulex said the market for fibre channel-based storage
systems will be $15 billion by 2002. Emulex had sales of $68 million for the fiscal year
ended June 1999. StorageTek had sales of $2.3 billion for fiscal year ended December
1999.
Company Web site: emulex.com
Kyle Gearhart; Dow Jones Newswires; 201-938-5388

(END) DOW JONES NEWS 06-22-00
11:01 AM



To: Shafik Habal who wrote (382)6/22/2000 11:56:00 AM
From: CrayUSA  Read Replies (1) | Respond to of 788
 
EMLX--yep, moving rather nice.

Cray