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Technology Stocks : Son of SAN - Storage Networking Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Joe Wagner who wrote (4801)	9/2/2006 3:19:25 PM
From: Joe Wagner	Read Replies (1) \| Respond to of 4808

HP and Sun gain in data storage news.yahoo.com Fri Sep 1, 2:11 AM ET SAN FRANCISCO (Reuters) - Hewlett-Packard Co. (NYSE:HPQ - news) and Sun Microsystems Inc. (Nasdaq:SUNW - news) were among the fastest-growing data storage providers in the second quarter, while EMC Corp. (NYSE:EMC - news) and Dell Inc. (Nasdaq:DELL - news) lagged overall market growth, researcher IDC said on Thursday. EMC kept its No. 1 ranking in IDC's quarterly survey of the data storage market, but it faced stiff competition from Hewlett-Packard, which was in a statistical tie for the top spot with an estimated 19.3 percent share, IDC reported. Storage revenue at HP, based in Palo Alto, California, rose 10 percent from the year-earlier period while EMC's storage revenue growth slowed to 3 percent from 13 percent in the first quarter, IDC estimated. The data storage market as a whole grew 8.5 percent in the second quarter to $4.15 billion, IDC estimated. Storage is among the fastest-growing sectors in technology as companies produce ever-greater quantities of data such as payroll and banking information and documents to comply with new rules.