Paul Shread

MaXXan Systems has combined its intelligent fabric systems with FalconStor’s IPStor 4.0 software suite to create a storage-on-demand solution that also performs disaster recovery, file serving, data protection, and storage consolidation. San Jose, Calif.-based MaXXan, which bills itself as the first company to ship intelligent storage networking solutions, spent three months integrating its MXV320T intelligent […]

Note: The Technical Analysis column will return Jan. 2. Happy Holidays. Monday begins a seasonally positive period on Wall Street, but this market has already had such a rally that we wonder if it isn’t due for a pullback for a couple of days first, particularly as expiry hedges get unwound early next week. The […]

Who says open source can’t be profitable? Shares of Red Hat soared 22% Friday after the Linux leader reported a big jump in profitability and made an aggressive move into storage. Bank of America upgraded Red Hat to Buy on the news. Subscription bookings and guidance were well above views, the analyst firm said, and […]

Hoping to take advantage of the growing popularity of Linux in storage networks, Red Hat announced plans to acquire storage infrastructure software firm Sistina Software. “With enterprise-class storage management capabilities in place, Linux operating environments look more trustworthy than ever,” said John Webster, senior analyst and founder of Data Mobility Group. In February, Webster wrote […]

Once the QQQ, the Nasdaq 100 tracking stock, went above 35 today, hedging kicked in to send the market higher. Always a good idea to be cautious around expiry. When hedging kicks in, the following week often has a downward bias as hedges are unwound, at least for the early part of the week. A […]

Tech stocks finally joined the Dow 10,000 party on Thursday, led by a 4% surge in chip stocks. There was plenty of good news to go around for the lagging semiconductor sector. Jabil Circuit soared 9% after beating estimates, and Cypress Semi gained 5% after raising guidance. Micron rose 5% on a positive DRAM forecast, […]

Advanced Digital Information Corp. (ADIC) has unveiled a unique disk-to-tape backup solution, the ADIC Pathlight VX. The company bills it as the first product to combine the benefits of disk and tape in a single data protection solution. Analysts aren’t completely sold on it being an industry first, but they do agree that it’s pretty […]

Orbitz , one of the year’s most anticipated IPOs, landed with a thud on Wednesday. The offering priced at $26 – above the expected $22-24 range – and opened at $30, but it was all downhill from there. By the end of the day, ORBZ closed at $24.98, below both the offering and opening prices. […]

The Dow (first chart below) continues to hit new highs, while the Nasdaq (second chart) has fallen and it can’t get up. When will this state of affairs change? We have an idea. Look at MACD on the Nasdaq chart – it’s been in a perfect downtrend since September. When the Nasdaq can break that […]

Motorola surprised investors Tuesday by hiring an outsider. Ed Zander, former president of Sun Microsystems , got the nod over Motorola COO Mike Zafirovski, who was the inside favorite for the job. It was a bold move for Motorola. Not only did the company not pick an insider, but Zander will also be the first […]

We have two very different markets here: the Dow, which continues to hit new highs on rising volume, and the Nasdaq, which remains mired in a downtrend, with down days occurring on rising volume and rallies on falling volume. The Dow’s strength has been amazing, but it is overbought in multiple timeframes and heading into […]

XOsoft has taken its already formidable global business continuity platform to a new level. The Burlington, Mass.-based firm’s new WANSyncHA platform adds high availability features, including application-aware automatic failover on a global scale, even across multiple IP networks. The ability to transfer journal activity to remote servers over wide area networks (WANs) is “quite a […]