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

To: The Freep who wrote (52066)	4/17/2002 12:31:04 AM
From: the_wheel	Respond to of 99280

My phone has been ringing off the hook. Everybody wants to get some VRTS, like it is on a blastoff moonshot. I think the CEO said like IN VRTS WE TRUST. Everybody needs VeRiTaS. If you don't buy VRTS tomorrow, then the Terriors have won. I am ordering certs so I will not be tempted to sell tomorrow when VRTS goes ballistic. If only I had loaded the gills with VRTS instead of that FISH.oB carp. Still, got some VRTS tommorow will be laughing along with all the big bad bulls out there. So sorry techie, no VRTS for you.

To: The Freep who wrote (52066)	4/17/2002 12:41:10 AM
From: Ibexx	Read Replies (3) \| Respond to of 99280

More companies are entering into the storage business, which means less dough for each of them. That might be another factor contributing to SAN companies' weakness - not so much the overall demand, but their SHARE of it. Ibexx

To: The Freep who wrote (52066)	4/17/2002 1:11:41 AM
From: stephen wall	Read Replies (1) \| Respond to of 99280

Freep, I listened to the Veritas conference call. What failed to materialize were the big deals. I didnt catch what big was but there were 83 $250K+ 21 $1M with average median transaction to end-user at $110K. They had 90+% renewals for maintainance contracts and 86% gross margins consistent with previous quarter. Geographically, Japan and US were particularly weak. The small deals increased sequentially allowing them to make their numbers with big deals deferred. Actually, I see this as consistent with what is happening in application and integration software also. Peoplesoft, tibco, Oracle, Siebel, etc. This is consistent with what Im seeing in the rags, too. (Infoworld, Computerworld, Informationweek, Cio, etc). The maintainace contracts by quarter are in but mega-deals spanning multiple quarters attendant upon travel and training are on hold until sustained profitability returns. Just my take.