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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (34014)	2/27/2002 9:55:24 AM
From: Dave Gore	Respond to of 99280

EMC NEWS ----NEWS OF NEW PRODUCTS AND GROWTH ------ One to watch. It should move well when the big boys decide to buy. I will be picking up more on weakness. EMC is the world leader in Network Attached Storage. According to IDC, in 2001, EMC held a 42.3% share in the NAS marketplace -- nearly 10 points greater than the previous market leader. IDC anticipates the NAS market to grow from $1.89 billion in 2001 to nearly $6 billion in 2005. Network attached storage is a subset of networked information storage (NIS) which includes both NAS and SAN. As the NIS leader, EMC holds 38.9% market share in this segment. IDC forecasts overall external networked storage market revenues to grow from $8.5 billion in 2001 to $19.6 billion in 2005. IDC expects the direct-attached storage (DAS) market to decline 18 % during the same period. All of the products announced today are generally available, with the exception of Celerra Concurrent Copy Backup, which will be generally available in early Q2 of 2002. COMPLETE PR NOTING NEW PRODUCTS: biz.yahoo.com