Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JDN who wrote (12635)	5/15/2001 8:11:38 AM
From: John Carragher	Read Replies (1) \| Respond to of 17183

Dow Jones Newswires -- May 14, 2001 Dow Jones Newswires EMC Executive Optimistic About Long-Term Growth By RIVA RICHMOND Of DOW JONES NEWSWIRES NEW YORK -- Economic downturn or not, long-term technological and economic drivers will cause the data storage industry to swell and change in the next few years. James B. Rothnie, chief technology officer at EMC Corp. (EMC), speaking during a Webcast to outline EMC's vision of the industry's future, predicted the market for storage hardware will grow by 2005 to more than $100 billion while the market for software and services will grow to $50 billion. The market for storage hardware, software and services totaled about $44 billion in 2000, he said. Changes in data and storage technologies will prevent storage hardware from becoming commodities, Rothnie said. "We're not near that and not headed toward it," Ritchie said. "We have many years of additional innovation before us." Rothnie said customers will want to store computer data in large sophisticated systems and only a few large vendors such as EMC will have the financial wherewithal to make the systems. The data storage systems will have to integrate technology products from many different vendors, Rothnie said. Technological change, starting with improved and expanded fiber networks to carry rapidly-growing amounts of data, will result in "free and infinite bandwidth," Rothnie said. The fiber networks, combined with a far reduced cost of storage, will spur a move to centralized databases and open systems, or systems that include technology from multiple vendors. The PC will no longer house large amounts of data because it will be more convenient for companies to put their data on secure centralized systems, where data can easily be retrieved. "Customers want a powerful vendor at their side supporting the whole structure," Rothnie said, noting also that companies will have to work together cooperatively to provide support for their products. Rothnie said unlike its competitors EMC will focus on more than just hardware. It will also develop technology to manage and deliver data. EMC has been beefing up its software and storage-networking businesses. Those businesses have higher margins than the server hardware business does and are experiencing more demand despite the slowdown in corporate information technology spending. -By Riva Richmond, Dow Jones Newswires; 201-938-5670; riva.richmond@dowjones.com

To: JDN who wrote (12635)	5/17/2001 3:20:28 AM
From: Gus	Read Replies (1) \| Respond to of 17183

Good God, where are you driving? California and Nevada. California requires a special blend of gasoline which just so happens to be patented by Unocal. The Unocal royalty is only about 1 to 3 cents per gallon but that snowballs into about 6 to 8 cents per gallon at the pump. While seemingly not much, the greater impact of that government mandate and the Unocal royalty is on the reduced number of refineries that can or are willing to blend that gasoline. That's the type of delicate balance between supply and demand that always invites testing by the devil's wind that routinely gusts through Southern California throughout the summer, the peak driving season. However, I have a 8,000 mile trip planned for out West in July as well as 6 other jeeps 8,000 miles, JDN? That's some adventure. An equivalent trip is Palm Beach to San Diego to Vancouver to Toronto and back to the far right side of Palm Beach where you reside, altogether a trip which totals about 8,128 miles. Assuming you can squeeze 15 freeway miles per gallon out of your trusty Jeep, you and your buddies are going to be paying a bundle for the 545 gallons of gasoline that each of you will require so those spikes in gasoline prices during the peak driving season are really going to leave a mark. 8,000 miles will also require about 144 hours of drive time, or about 6 full days. That doesn't include being tourist-trapped, speed-trapped, sleeping, eating, and cavorting with the natives. Somehow I think that before your little western jeep jamboree is over, you will resolve to buy your summer clothes in the winter and take your summer vacations in the spring the next time around.<g>