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Technology Stocks : Advanced Digital Information Corp. (ADIC) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Grant who wrote (2222)	1/24/2002 12:35:07 PM
From: Jim Oravetz	Read Replies (1) \| Respond to of 2283

SemiOT:EMC Reports Fourth-Quarter Loss On Weaker Demand for Storage Systems A WALL STREET JOURNAL ONLINE News Roundup ...Customers are still focused on doing more with less when it comes to information technology spending, said William Teuber, chief financial officer, in a conference call with analysts to discuss fourth-quarter results. But he said EMC expects normal seasonality in the first quarter, with a sequential decline of 5% or slightly more in the first quarter ...Mr. Teuber, who said he is "pleased" with EMC's progress in the fourth quarter, noted that customers are moving "cautiously" in terms of spending in the first half of the year and are expecting greater spending in the second half of the year. +++++++++++ Of course, EMC's target market is the bigger fish. ADIC is more of the small to medium companies. I would think that the spending pictures would be similar for both targets. Jim