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


To: stockman_scott who wrote (9338)10/22/2001 1:42:20 PM
From: Sully-  Read Replies (2) | Respond to of 10934
 
Network Appliance Says Business Back After 'Pause'

SUNNYVALE, Calif. (Reuters) - Storage networking company Network Appliance (Nasdaq:NTAP - news) saw a dip in business Sept 11, but customers have come back, Chief Executive Dan Warmenhoven told reporters at the company's headquarters.

``It created a bit of a pause in people's minds,'' he said, referring to the hijacking attacks on Washington and New York. ''Our feeling is that it's resumed. I see very little difference now and in the month of June or July.''

He said: ``Customers are proceeding cautiously, but business activity is good.''

The fiscal second quarter for the Sunnyvale, California-based company ends this month.

Shares in Network Appliance were up 2 percent in afternoon trade on the Nasdaq to $10.48 on Monday.

dailynews.yahoo.com



To: stockman_scott who wrote (9338)10/22/2001 5:03:48 PM
From: techreports  Respond to of 10934
 
I don't understand this Dell-EMC deal. Dell is going to sell EMC products? But doesn't EMC do this? Won't they now being competing against each other?

It would be like Intel pushing AMD Atholon processors and earning $2 from each sale. Does this prove that the OEMs can't break into the storage market? If Dell can't do it, can Compaq or HP?