Paul Shread

iSCSI won’t begin to take off until 2005, when management tools for the IP storage standard appear en masse, but companies will begin planning for it this year, according to Chuck Hollis, EMC’s VP for storage platforms marketing. “We don’t think the robust tools will show up until early 2005,” says Hollis. “This year will […]

Tomorrow will likely be another volatile day in what has been a volatile and unpredictable week so far. A lot of hope is being pinned on IBM’s early earnings release in the morning; Big Blue had better come through. The Dow (first two charts below) recovered its November uptrend today. 10,550, 10600 and 10,670 are […]

Investors were in the mood to sell after the close on Wednesday. Intel , Yahoo , Apple and QLogic all tumbled after hours on results that weren’t quite everything investors had hoped for. Intel’s earnings and revenues topped estimates, but margins and forward guidance were disappointing. For the first quarter, Intel said it expects revenues […]

Disappointing earnings from SAP and Accenture got earnings season off to a rocky start on Tuesday. Investors were also nervous ahead of reports from Intel and Yahoo Wednesday night. Analysts are looking for a 75% jump in earnings from Intel, to 28 cents a share. Expectations are lower at Yahoo, for a 25% increase to […]

IBM gave a ringing endorsement to InfiniBand technology today, with the announcement of a five-year agreement with InfiniBand start-up Topspin Communications. IBM will include Topspin’s InfiniBand switch technology on IBM systems and will resell Topspin’s switches to customers worldwide. The agreement gives IBM access to current and future versions of Topspin’s server switches and software […]

The Nasdaq hit a new closing high Monday ahead of key earnings reports due out later this week. Wednesday will be the most important day of the week, if not the whole earnings season. Intel and Yahoo will report after the close that day, along with Apple and QLogic . And Juniper , Sun and […]

In yet another sign that compliance has hit the big time, ZANTAZ has netted a cool $20 million in venture funding. “This large capital investment should bode well for other email/enterprise messaging vendors by elevating compliance and records management to an even higher priority,” says Enterprise Storage Group analyst Peter Gerr, who predicted last year […]

As soon as we think the market is getting complacent, put buyers show up again. We doubt the one-day pullback did all that much to refresh weeks of complacency, but the trend may be up into earnings reports on Wednesday. The S&P (first two charts below) its trying to recover the uptrend line it broke […]

We’ll start with the one positive today: internals were pretty solid despite the big losses on the indexes. The rest, however, is negative. Most important is the breakdown on the S&P (first two charts below), which gave up its month-long uptrend today. The index would need to clear 1125-1127 Monday to recover that breakdown, and […]

It took a dismal jobs report to give the Nasdaq its first losing day of 2004, and even then the bulls almost pulled it out. The Nasdaq recovered from an opening dip to spend much of the day in positive territory despite news from the U.S. Labor Department that fourth-quarter jobs growth was far less […]

In a move toward the mainstream storage market, Apple has released its first storage product with support for Windows and Linux-based computing environments. The Xserve RAID storage system is a 3U high-availability rack storage system that provides up to 3.5 terabytes of storage capacity, up to 210 MB/s throughput, and pricing of about $3 per […]

The Nasdaq (first two charts below) closed right at its January 2002 peak today. 2107-2110 is first resistance, and above that level, 2141-2163 is the next major resistance zone. Support is 2077-2080, 2066 and 2047-2050. Momentum clearly remains up, but the preponderance of calls below puts the market at risk here. The S&P (third and […]