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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (69782)	2/20/2001 11:42:12 PM
From: puborectalis	Respond to of 99985

Hitachi's Storage Unit Ready to Compete with EMC February 21, 2001 (TOKYO) -- Hitachi Ltd. formed a partnership with Veritas Software Corp., a major U.S.-based vendor of storage management software, for sales of Veritas products and joint marketing. Hitachi will embark on sales of backup software as well as storage management software from Veritas in combination with Hitachi's storage products. At a press conference announcing the tie-up, Hiroaki Nakanishi, managing officer and group executive of Hitachi's Information and Telecommunication Systems Group, described EMC Corp. as an "archrival." EMC is a goliath in the storage business sector. "Hitachi is fully prepared to compete with EMC by arranging sales combination of our storage products and Veritas' storage-related software," Nakanishi said. "Our company isn't going solo. Rather we have decided to reinforce solutions collectively with our business partners as indicated by this strategic alliance." The storage business sector has recently experienced bargaining among vendors. On Jan. 31, Fujitsu Ltd. aligned with Compaq Computer KK. At that time, a Fujitsu executive in charge of its storage business said: "I would like to see Fujitsu rank as No. 1 in the storage market for domestic open systems and also as No. 5 or higher in the global market by 2003 at the latest." Nakanishi said he didn't consider Fujitsu to be a rival, and emphasized that his company would target EMC: "Our current position maintains that it is out of question to even think a bit about ourselves saying that Fujitsu is a rival," Nakanishi said. Related link: Veritas' release Related story: Compaq, Fujitsu to Team Up on Storage Products, Standardization (Ryota Tamaoki, Staff Editor, Nikkei Computer)

To: Zeev Hed who wrote (69782)	2/20/2001 11:55:58 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

zeev, i'm looking for emc and orcl to give it up, these are the two last big cap techs that i can find that haven't cracked, emc made a 52 wk low today, so we should be on our way, i think both of these have to give up a substantial amount of their parabolics before we make the final bottom we need to get to that point where they want to get out of everything, JUST GET ME OUT I CAN;T TAKE THE PAIN ANY LONGER , I WILL NEVER EVER BUY ANOTHER DIP AS LONG AS I LIVE -G-