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Technology Stocks : EMC -- Ignore unavailable to you. Want to Upgrade?


To: Ed Flynn who wrote (130)3/11/2005 5:50:10 PM
From: Proud_Infidel  Respond to of 368
 
I am supporting both too. Not quite sure how anyone could be against "performance-based options," but if the pigs are feeding at the trough long enough, common sense things like this will be disliked.

And I would like to know how $13M was earned by the CEO when EMC has not made a dime for shareholders in years.



To: Ed Flynn who wrote (130)3/14/2005 11:27:32 AM
From: Proud_Infidel  Read Replies (1) | Respond to of 368
 
EMC #1 Storage Software Provider for 5th Consecutive Year, Analyst Firm Reports
Monday March 14, 10:00 am ET
Analyst Firm Also Reports #1 EMC Widened Storage Software Lead for Fifth Consecutive Quarter in Q4 2004; Only Top-Three Provider to Gain Share in the Quarter

HOPKINTON, Mass.--(BUSINESS WIRE)--March 14, 2005-- EMC Corporation, the world leader in information storage and management, was the #1 provider of storage software for the fifth consecutive year in 2004, according to a report released today by IDC. EMC extended its worldwide storage software lead last year to 30.9% revenue share, growing revenue faster than the next four closest competitors (a,b,c). In the fourth quarter, #1 EMC led with 31.7% revenue share, growing storage software revenue more than twice as fast as #2 VERITAS and #3 Computer Associates, who both lost share compared with the year-ago quarter.

Howard Elias, EMC's Executive Vice President of Corporate Marketing and Office of Technology, said, "EMC continues to distinguish itself from the rest of the storage software industry by delivering industry-leading information lifecycle management solutions to customers around the world. Our software businesses accelerated in 2004 with strong gains across all of the software market segments. We strengthened our position in the software market in 2004 and are confident our execution will continue to offer significant value for our customers going forward."

2004 and Fourth Quarter Highlights

IDC reported that EMC continued to be #1 in two of the storage software market's fastest growing segments in 2004 and the fourth quarter: storage resource management (SRM) and storage replication software. In the fourth quarter, #1 EMC led the SRM software segment with 55.2% revenue share, growing revenue more than five times faster than #2 VERITAS. EMC also extended its lead in the replication software segment during the fourth quarter, growing its revenue share to 43.4%, more than four times that of its closest competitor. In the backup and recovery software segment, EMC grew its fourth quarter revenues by 22.4%, the highest growth rate among the five largest providers, according to IDC.

An IDC report released earlier this month found that EMC was #1 in External Disk Storage Systems revenue in 2004 with 21.1% share, growing revenue approximately four times faster than the total market. In the fourth quarter, #1 EMC grew its portion of that market for the sixth consecutive quarter, gaining more share than any of the next six largest suppliers (d).

About EMC

EMC Corporation (NYSE: EMC - News) is the world leader in products, services and solutions for information storage and management that help organizations extract the maximum value from their information, at the lowest total cost, across every point in the information lifecycle. Information about EMC's products and services can be found at www.EMC.com.

EMC is a registered trademark of EMC Corporation. Other trademarks are the property of their respective owners.

(a) Source: IDC's Worldwide Quarterly Storage Software Tracker Q3 2004; referenced EMC figures are based on year-over-year comparisons and reflect the combined results of EMC and LEGATO.

(b) All comparisons included in this release are year over year unless noted.

(c) Source: IDC Worldwide Software Market Forecaster

(d) IDC "Worldwide Quarterly Disk Storage Systems Tracker, March 2005"; EMC share includes factory revenue from "EMC" branded storage systems only and excludes sales of re-branded EMC systems sold by EMC partners including Dell, Fujitsu-Siemens, Samsung and Langchao Electronic Information Industry Corp., Ltd.

This release contains "forward-looking statements" as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) risks associated with acquisitions and investments, including the challenges and costs of integration, restructuring and achieving anticipated synergies; (iv) competitive factors, including but not limited to pricing pressures and new product introductions; (v) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (vi) component and product quality and availability; (vii) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (viii) insufficient, excess or obsolete inventory; (ix) war or acts of terrorism; (x) the ability to attract and retain highly qualified employees; (xi) fluctuating currency exchange rates; and (xii) other one-time events and other important factors disclosed previously and from time to time in EMC's filings with the U.S. Securities and Exchange Commission. EMC disclaims any obligation to update any such forward-looking statements after the date of this release.

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Source: EMC Corporation