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To: BirdDog who wrote (7829)4/13/2001 8:28:30 AM
From: JakeStraw  Respond to of 10934
 
Storage sector: Immune no longer
www2.marketwatch.com
"For a while, it looked like EMC Corp. and other providers of computer data storage products might escape unscathed from the effects of the overall slowdown in information technology spending.
After all, EMC and some analysts had fed that notion to the public, arguing that data storage wasn't as vulnerable to the sputtering economy as other areas of technology. Somebody may put off buying a new computer, the storage bulls contended, but companies had to buy storage systems because they needed some place to put an ever-increasing amount of digital data.
Today, however, nobody can claim anymore that storage is immune from the economy's downward pull...