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

To: DebtBomb who wrote (48859)	4/9/2002 7:16:07 AM
From: JustTradeEm	Read Replies (2) \| Respond to of 99280

6:47am 04/09/02 R. Stephens cuts storage sector ests. (VRTS, BRCD, QLGC, NTAP, MCDT, LGTO, EMLX, EMC) By Tomi Kilgore Analyst Dane Lewis at Robertson Stephens lowered earnings and revenue estimates for a number of data storage companies to better align forecasts with "more realistic" expectations that are already priced into the stocks. "While the storage market remains a high-growth area in the long term, recent trading in the storage sector reflects slower growth expectations for the balance of calendar 2002," Lewis said in a note to clients. "Before we can become more constructive on the storage group, we want a high degree of confidence that downward revisions have been completed and our next changes to estimates will directionally be up." Among the companies Lewis targeted for estimate cuts are EMC (EMC) , Emulex (EMLX) , Brocade Communications (BRCD) , Qlogic (QLGC) , Veritas Software (VRTS) , Network Appliance (NTAP) , McData (MCDT) and Legato Systems (LGTO) . Just sounds like RS wants shares back cheaper .... insightful forward thinking analysis, react to what the market already has priced in and do it after the fact. Calls like this should get little if any respect, if it were made when EMLX was 47 I'd respect it more. Oh, forgot, RS was probably selling shares when EMLX was 47 .... J PS .. bold added

To: DebtBomb who wrote (48859)	4/9/2002 8:57:23 AM
From: puborectalis	Respond to of 99280

Internet Capital Group Names Financial Industry Veteran Anthony P. Dolanski as Chief Financial Officer Company Taps Dolanski's More Than Thirty Years of Diverse Financial Experience To Drive Ongoing Corporate Financial Strategy and Partner Company Performance WAYNE, Pa., April 9 /PRNewswire-FirstCall/ -- Internet Capital Group (Nasdaq: ICGE - news), a leading business-to-business e-commerce company, today announced the appointment of Anthony P. Dolanski as chief financial officer. Dolanski brings more than thirty years of financial experience in the technology, finance and professional services industries. In his new position, Dolanski will report to Edward H. West, ICG's president and chief operating officer. Dolanski will manage all corporate finance and accounting, treasury, corporate development, and IT functions, and will be a member of the investment committee. He assumes the role from West, who was recently promoted to lead ICG's overall operations and the execution of the business plans of key partner companies. ``Tony's diverse and extensive financial background makes him an ideal candidate to help build stockholder value by driving ICG's financial strategy and the performance of our partner companies,'' said West. Dolanski was a co-founder of Brience, Inc., a wireless software company, where he directed the finance, legal and other administrative functions. Previously, he was executive vice president of Sallie Mae, the nation's leading provider of student loans, where he was responsible for finance and systems. During most of his career Dolanski was a senior partner at KPMG Peat Marwick with responsibilities for the financial services and technology practices and was a member of the firm's board of directors. Dolanski graduated with a Bachelors of Science from Penn State and is a certified public accountant. ``New technologies will continue to represent a key foundation for a successful economy and a competitive necessity for business,'' said Dolanski. ``I am proud and excited to join the ICG team that has created a vision and developed an impressive group of partner companies that are delivering the tools to increase efficiencies for their business customers.''