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Technology Stocks : NENG: Network Engines, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Arrow Hd. who wrote (104)	12/18/2003 4:46:31 PM
From: Gus	Respond to of 186

This was the rumor from Storage Mag: In a related note, there is speculation that IBM Corp. has pushed back the newest model of its TotalStorage Enterprise Storage Server from 2004 to 2005. The news of a delay on the new Shark has prompted some speculation that IBM may play into the EMC partner search for the DMX. However, experts believe Hitachi Data Systems would be a better fit for IBM, given existing disk drive and mainframe manufacturing relationships. storagemagazine.techtarget.com It's kinda' odd to talk about a NENG bounce since NENG is still up more than 4x this year after having been up more than 11x before the contract amendment, but I think the odds are higher that it will round the current bottom and start rebuilding its ownership base gradually rather than jerking up and down violently.