Paul,
After the 2 for 1 split the "historic" number then becomes 36 million - SPLIT
ADJUSTED !
However, the number of shares traded After the split is still about 18 to 25
million.
The trading volume is still in the same ball park in # shares/day even though the
shares are now worth half as much.
Doggone if you don't think of everything. I never have gotten much into the volumes, block money flows kind of things (what was that guy's name, aLbErT?).
Here's an EMC oriented article on a system that Morgan Stanley Dean Witter uses for Web-based financial services. It also brings in IBM Netfinity servers as the CPUs in front of the EMC storage systems. Netfinity's are NT servers based on Xeon chips, incuding PIII and PII versions. Also mentions mainframes (note made for any remaining mainframe bigots still breathing).
biz.yahoo.com
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Tuesday April 27, 9:04 am Eastern Time
Company Press Release
EMC Infrastructure Speeds Rollout of
Web-Based Financial Services for Morgan
Stanley Dean Witter
Cutting-Edge EMC Software Enhances Availability, Streamlines
Management of Core Business Applications
HOPKINTON, Mass.--(BUSINESS WIRE)--April 27, 1999-- EMC Corporation, the world's
leading provider of enterprise storage systems, software and services, today announced that
Morgan Stanley Dean Witter, a leading global financial services firm, is implementing an
information infrastructure around EMC Enterprise Storage systems and software to accelerate the
roll out of new Web-based financial services.
''There are huge revenue-generating opportunities for companies that can successfully blend
financial services with the rapid-fire information delivery nature of the Web,'' explained Gary
Hegedus, Morgan Stanley Dean Witter's Senior Vice President and Chief Information Officer.
''The extremely reliable and flexible Internet infrastructure we have built around EMC Enterprise
Storage enables us to respond more quickly to these opportunities, serve our customers better,
and avoid the multi-million dollar revenue losses that can occur when Web sites are down.''
Morgan Stanley Dean Witter is implementing EMC Enterprise Storage to provide 7.5 million
customers with Web access to portfolio performance statements 24 hours a day, seven days a
week.
''Our new Web portfolio performance application consumes mammoth amounts of storage across
both our mainframe and Windows NT environments,'' noted Hegedus. ''Consolidating it all onto
EMC allows us to more flexibly and cost-efficiently manage our storage requirements and bring
this new service to market more quickly. EMC's exceptional reliability also assures us that we
can satisfy our customers' growing demand for around-the-clock access to financial data and other
services that we offer.''
Based in New York, Morgan Stanley Dean Witter also relies on EMC Enterprise Storage for all
of its computing applications, including workflow management, information delivery, mutual
funds, trust services and Year 2000 testing. To ensure even greater data availability and
protection, Morgan Stanley Dean Witter uses EMC Data Manager (EDM) backup and restore
solution and EMC TimeFinder software to back up and protect its core applications.
''Our applications have grown to be so huge that there are simply not enough hours in the day to
conduct backups on an individual server basis,'' explained Hegedus. ''Centralizing our backups
with EDM has dramatically decreased our business risk by making our data more secure. With
TimeFinder, we have reduced the time it takes to back up major databases from almost 12 hours
to nearly zero. We now back up our systems more frequently and cost-effectively and with less
disruption to our online operations.''
EDM with the Symmetrix Path option provides a direct connection between the EMC Symmetrix
storage systems and Morgan Stanley Dean Witter's secondary storage systems to back up IBM
Netfinity servers running Windows NT in a Microsoft Cluster environment. This approach
completely offloads data from the network, thereby enhancing the speed of backing up
applications. EMC TimeFinder is integrated with EDM to produce point-in-time backup copies
of Morgan Stanley Dean Witter's mission-critical databases while they are in production, further
enhancing data availability.
Morgan Stanley Dean Witter also ensures high information availability through EMC's Symmetrix
Remote Data Recovery (SRDF) software, which mirrors data between its primary and backup
data centers located 20 miles apart. According to Hegedus, SRDF has reduced the amount of time
to recover full operations at its disaster recovery site from 12 hours to 30 minutes.
''Morgan Stanley Dean Witter's decision to utilize our technology is further evidence that EMC
Enterprise Storage has become the premier information infrastructure for storing, managing, and
protecting the torrent of information streaming onto the Internet,'' said Bob Dutkowsky, EMC's
Executive Vice President of Markets and Channels. ''The superior reliability, flexibility, and
performance of EMC Enterprise Storage gives Morgan Stanley and other leading companies the
ability to more quickly and cost-efficiently manage change, pursue growth opportunities, and
discover new ways to enhance customer service.''
EMC Corporation, a Fortune 500 company based in Hopkinton, Massachusetts, is the world's
technology and market leader in the rapidly growing market for intelligent enterprise storage
systems, software and services. The company's products store, retrieve, manage, protect and
share information from all major computing environments, including UNIX, Windows NT and
mainframe platforms. The company has offices worldwide, trades on the New York Stock
Exchange under the symbol EMC, and is a component of the S&P 500 Index. For further
information about EMC and its storage solutions, EMC's corporate web site can be accessed at
emc.com.
EMC and Symmetrix are registered trademarks and EMC Enterprise Storage, SRDF, EDM and
EMC TimeFinder are trademarks of EMC Corporation. Other trademarks are the property of their
respective owners.
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Tony |
