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Technology Stocks : Son of SAN - Storage Networking Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Douglas Nordgren who wrote (2598)	1/20/2001 12:42:22 AM
From: Joe Wagner	Read Replies (1) \| Respond to of 4808

Interesting article on stopping/trapping light. Now if we could just find somewhere in nature where a small amount of light is constantly getting trapped, like these scientists trap light, maybe you could untrap it and view the past. Saturday January 20 12:00 AM EST Stopping light could lead to quantum advance in computing dailynews.yahoo.com

To: Douglas Nordgren who wrote (2598)	1/21/2001 11:27:16 AM
From: J Fieb	Respond to of 4808

Everyone seems to want some of the storage action... BMC Bests Estimates Systems management software maker BMC Software Thursday reported third-quarter earnings that bested expectations of both Wall Street and those the company raised earlier in January. BMC posted earnings of $58.8 million, or 24 cents per share, for the quarter ended Dec. 31, beating analysts' estimates of 19 cents per share set by First Call/Thomson Financial. On Jan. 3, BMC bumped its own forecast up to between 20 cents and 22 cents per share from the 16 cents per share the company originally estimated for the quarter, based on revenue of $375 million to $380 million. Instead, BMC pulled in $385.5 million in revenue for the quarter, down 10 percent from the $424.6 million earned in the same period last year but up 19 percent, or $62.5 million, from the second quarter of 2001. BMC is in the midst of an upswing following two quarters of slack demand for mainframe systems management software. New Z-series mainframes from IBM are expected to boost activity in the sector. However, BMC CEO Robert Beauchamp -- who the company promoted two weeks ago -- says he doesn't expect to see real impact from the new IBM machines until the first or second quarter of BMC's fiscal 2002. "Overall, this was a very solid quarter financially," Beauchamp says. "I'm very pleased with the progress BMC made during the third quarter of fiscal 2001." Beauchamp adds that the outlook for BMC's mainframe and distributed systems software business looks solid for the fourth quarter. "We haven't seen much in terms of a slowdown forecast," he says. In addition, Beauchamp says economic uncertainty is not usually as much of a concern for systems management software providers as it may be for other software vendors. "In economic downturns, customers will look for more efficiencies from their systems, which BMC's products enable," he says. Beauchamp noted several new business ventures initiated during the quarter as integral to the company's future growth. Two prominent ones were the Application-Centric Storage Management initiative and the creation of a new Service Provider Solutions business, he says. "You should not underestimate what we're going to do on the channel side with this whole storage area," Beauchamp says. "That's a new opportunity for BMC." BMC, he adds, is continuing to shift its business model to present more flexible licensing terms to customers. "We're seeing a significant number of deals over $1 million," he says. Yet the company is getting away from the "whales," moving from a few large deals to many smaller ones. "We did not do a single transaction over $10 million [in 3Q 2001], but we had a record number of $1 million to $10 million transactions." Shares of BMC rose $4.69 to $30.31 at market close Thursday.