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


To: Jack Hartmann who wrote (5127)12/10/2000 11:30:20 PM
From: Jack Hartmann  Respond to of 10934
 
Oracle Selects Network Appliance to Support Oracle e-Business Needs

Business Editors/Technology Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--Dec. 6, 2000--Network Appliance, Inc. (Nasdaq: NTAP), the leading provider of network-attached data access and content delivery solutions, today announced that Oracle plans to deploy NetApp(R) filer end-to-end solutions to support specific Oracle(R) storage requirements. With this announcement, Network Appliance will provide enterprise network storage solutions for managing the data access and storage requirements for a variety of Oracle's e-business needs. Oracle and Network Appliance have a solid history of providing customers with certified database environments that are highly available, extremely reliable and very simple to manage and expand.

Oracle has chosen to deploy Network Appliance's new F840 series enterprise storage solution with Snapshot(TM), SnapMirror(TM), and SnapRestore(TM) software to handle the storage management and data protection for a variety of Oracle's e-business needs.

"The benefits of Network Appliance in an Oracle(R) database environment are clear. Their network attached storage products deliver the scalability and performance that Oracle requires to run its own e-business," said Gary Roberts, senior vice president, Global IT, Oracle. "Oracle and Network Appliance will work together to extend the ease of use, high data availability, and reliable access, which are trademarks of Network Appliance(TM) products and technology to Oracle's IT infrastructure."

"Managing e-business, including online applications, without sacrificing performance requires storage solutions that can be quickly installed and easily administered," said Tom Mendoza, president of Network Appliance, Inc. "Providing data infrastructure for Oracle will give Network Appliance the opportunity to take our technology to new levels of scalability, availability and shared access."

About Network Appliance

Network Appliance, Inc., a veteran in network file storage and content delivery, has been providing data access solutions since 1992, and is a member of both the S&P 500 and NASDAQ 100 index. Major corporations and service providers, including Lycos, Yahoo!, Citicorp Securities, Siemens, Lockheed, Cisco, Motorola, and Texas Instruments have deployed NetApp solutions.

The company pioneered the concept of the "network appliance," an extension of the industry trend toward dedicated, specialized products that perform a single function. NetApp storage and content delivery platforms (filers and NetCache(TM) appliances) are coupled with powerful content distribution and reporting software. This end-to-end solution offers seamless data management from the back-end data center to the edge of the network quickly, simply, and reliably. The Network Appliance product portfolio utilizes the company's innovative data access software, known as the Data ONTAP(TM) operating system, as well as standards-compliant hardware. It also offers multiprotocol support and transparent integration for UNIX(R) and Windows(R) environments.

quote.bloomberg.com

Jack



To: Jack Hartmann who wrote (5127)1/8/2001 5:18:26 PM
From: Jack Hartmann  Read Replies (1) | Respond to of 10934
 
TSCM article

Network Appliance Isn't Worth Waiting For
By James J. Cramer

1/8/01 3:04 PM ET

When I was in Las Vegas speaking for the Money show in November, everybody wanted to own Network Appliance (NTAP:Nasdaq - news - boards). The company had just reported and it had been heavily sold down for reporting an in-line quarter.

I wanted to go the other way. I thought that an in-line quarter meant that the quarters to come would be even rockier. Now I see these "caching" solutions and storage device stocks getting killed. This stock still has 49 points left in it and I would have to believe that, if EMC (EMC:NYSE - news - boards) and Veritas (VRTS:Nasdaq - news - boards) and Brocade (BRCD:Nasdaq - news - boards) are getting hit, this one's not done going down. In fact, I think this is the most overvalued of that group and is more likely to disappoint in earnings than the others.

I wanted to wait, again, to hear what the companies had to say out in Scottsdale. But with this group in free-fall, I wouldn't wait to see if Net App can talk up its stock. It's not worth waiting with Net App.

thestreet.com

Apparently going from $156 was not enough of a hit for him. Really wonder where he gets his leads sometimes.

Jack