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Technology Stocks : MTIC - Is this the next EMC? -- Ignore unavailable to you. Want to Upgrade?


To: Mark T. Heath who wrote (3220)1/27/1999 10:47:00 PM
From: Nick  Respond to of 3748
 
Talk about kicking a dead horse, BXH has been named with yet another suit for a differant period than the one of weeks ago. By my count that is at least two differant suits for two differant periods against BXH!

Class Action Filed on Behalf of Box Hill Systems Investors

NEW YORK, Jan. 27 /PRNewswire/ -- Shalov Stone & Bonner issued the following announcement today:

A class action was commenced on behalf of all persons who purchased the common stock of Box Hill Systems Corp. (NYSE: BXH - news) in the period from September 16, 1997 to January 8, 1998, inclusive. The lawsuit alleges that the defendants (Box Hill, certain of its executives and the underwriters of its initial public offering) violated the federal securities laws by, among other things, materially misrepresenting the Company's business condition and failing to disclose material facts concerning the declines in sales growth that were resulting from increased competition in the Company's largest business segments.



To: Mark T. Heath who wrote (3220)1/28/1999 12:58:00 AM
From: David A. Lethe  Respond to of 3748
 
Mark: LGTO's position in the SAN market is that of a backup package, a very fine one that has really grown up over the last few years. As little as one year ago I couldn't recommend it to anyone, now I have done so.

However: LGTO is going to be threatened by SANS. With the proper software and topology, I can do instant backups of live data quite easily, in seconds, instead of hours, which is impossible with legato. EMC comes to mind, as this thread is no doubt familiar with their capability along this line. There are other packages out there. (Cheap plug coming .... we'll soon be placing our SAN Manager software announcement on our company's internet site.)

Granted LGTO, 3COM, and others have made a position statement, and have a lot of vaporware .. but no products.

Hardware vendors are incorporating hot backup/recovery tools in their iron. Most of the DLT vendors will be releasing FC-attached tape jukes. If you can do a backup in hardware, without impacting the performance of your (TCP/IP) network, then you will do so. Also, if I can effectively backup a terabyte in a few seconds, instead of days, then legato starts looking more like a liability than an asset.

Long term, I personally wouldn't be investing in LGTO unless I was assured that they are working with the hardware vendors on imbedded (SAN) solutions. This 3COM/MTI thing doesn't give me that confidence .. perhaps somebody that closely follows their R&D efforts can add some insite. Also, LGTO will always have a growing market as backup is not only for the protection of hardware failure, but it is even more important in the event of much more probable human error, and the security of offsite backup.