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

To: Tony Viola who wrote (11902)	1/22/2001 2:24:19 PM
From: puborectalis	Read Replies (1) \| Respond to of 17183

Future for Networked Storage Bullish The451.com, January 18, 2001 While trends indicate a widespread downturn in tech spending, a new survey of CIOs concludes that storage spending will continue to escalate, particularly in the networked storage arena, where EMC is the dominant player, according to an article in the451.com. Findings from an ML/Techtel study of enterprise buyers and a Merrill Lynch survey of 150 fortune 5,000 and 100 telecom, dotcom and service provider CIOs show that from 2000 to 2001, Unix growth will slow by half and legacy servers will drop from 28 percent to 5 percent. Of the Unix vendors, IBM and Sun will suffer the greatest plunge, possibly because of their leadership and momentum. On the other hand, spending on storage area networks (SAN) is expected to double in each of the next two years and network attached storage (NAS) spending will double over the next two years. According to Merrill, EMC is positioned to benefit from the trend. "The battle between EMC and Sun is over and EMC has won," said James Berlin, a storage analyst at Merrill.