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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (11373)10/12/2000 3:19:56 PM
From: Gus  Read Replies (1) | Respond to of 17183
 
Hear, hear, JDN. Earnings pressures continue.

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One of the largest opportunities in data storage is in the healthcare sector. In light of all of the anticipated activity stemming from the regulations under HIPAA, coupled with the staggering amount of both electronic and hard copy data currently stored by hospitals and insurance companies, there is tremendous potential for the provider of first-rate data storage services for the healthcare industry," said Mark E. Bennett, MedCom's president and chief executive officer.

Bennett added: "We were approached by server-focused vendors for our storage needs, but their storage products simply couldn't compete with the reliability and performance of EMC technology. That's why we went with EMC.

"We believe that our relationship with EMC will provide us with the ability to drive additional revenue streams, including storage on demand and business continuance services based on storage in the healthcare field."

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