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Technology Stocks : Network Appliance -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (8432)	6/19/2001 9:33:49 PM
From: John Madarasz	Respond to of 10934

More insider selling... insidertrader.com pretty cool how he was able to nail the exact top on that last batch of 250,000 shares<gg>,

To: Jacob Snyder who wrote (8432)	6/19/2001 10:25:36 PM
From: SecularBull	Respond to of 10934

Sun Micro, Veritas Debut Standalone Storage System LOS ANGELES (Reuters) - Sun Microsystems Inc. (NasdaqNM:SUNW - news) and Veritas Software Corp.(NasdaqNM:VRTS - news) have made a joint push into the fast-growing market for stand-alone storage with a product they say will easily integrate into complex systems. Network computer maker Sun has tried to break into this market on its own, but the new offering will work better with the mixed networks many companies run, since software vendor Veritas is something of a standard for storage management software, the companies said. The new system will be sold only through independent resellers, an area of the market that favors ``turn-key solutions that don't require more integration,'' said Joe Womack, Sun's vice president for Americas Partner Sales. The move illustrates the trend of mainstream computer equipment companies branching into stand-alone storage, called networked attached storage (NAS) and one of the fastest growing bits of the technology sector. Major computer makers, including Sun, are also looking to work more closely with service providers and companies that often sell equipment to moderate and smaller accounts. The new product will combine Sun's T3 storage system, which was not designed as a network attached storage box, a Sun server and Veritas software to manage the system and integrate it with other parts of corporate networks. They used the T3 rather than Sun's N8000 series network attached storage because integration with Veritas was faster, Womack said. ``This just came together a lot quicker.'' Network Appliance Inc.(NasdaqNM:NTAP - news), the leader in the field for independent storage machines which plug into traditional computer networks, said the new competition would fall short. Network Appliance has blamed the economic downturn for sales pressure rather than a host of new competitors, who are validating the concept of stand-alone storage with their new products, the company says. ``It again raises more visibility to the right direction, that network attached storage and appliances are the right way to store mission critical data, but the implementation is flawed, because you have one company supplying the hardware and one company supplying the software,'' Mark Santora, Network Appliance's senior vice president of marketing, told Reuters. Veritas Chief Financial Officer Ken Lonchar said his and Sun's system would integrate better, though. ``They (Network Appliance) may be the Apple Computer of the NAS market -- easy to use, you plug it in and it works. But it does not have the interoperability.'' The Veritas-Sun system, like Microsoft Corp.'s Windows operating system, would work everywhere, he said.