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Tuesday, October 8, 2002
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iSay - EMC is in a downward spiral of declining margins, profits and size. Two years ago they wouldn't have considered a consumer level product. They're trying to stay in business but ask yourself a question, why did IBM sell off its magnetic hard drive business last year? I think the storage business is preparing to introduce optical storage technology that will in a short time make today's 120GB drive seem like a floppy disk does today.
EMC, with a boost from Dell Computer, has released a new midrange storage system as part of its continuing push into lower-priced markets.
CNET News.com
 9:34:04 PM Google It! comment
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 Will somebody PLEASE teach Mr. Bush how to pronounce the word nu•cle•ar (new•klee•ar) NOT (new•que•ler).
5:07:35 PM Google It! comment
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I stand by my often repeated statement that politicians are double-dealers. You can only trust what you catch them doing. It generally involves increasing personal power and personal wealth by every legal and illegal means possible. Paul Krugman is my hero for reporting what the politicians are doing. He listens, watches and investigates, after which he makes up his own mind and writes about it. I'll continue to point to his good work.
Paul Krugman writes in the NY Times:
What The Journal doesn't point out is the obvious: The accounting industry may have a lot of clout, but this wouldn't matter if the White House made it clear that the S.E.C. must choose an independent board. There's only one possible conclusion: The administration doesn't really want corporate reform.
What's amazing is that the enemies of reform felt free to take off their masks even before the election. One can only hope that the media report what's happening, and that voters, as they look at their shrunken 401(k)'s, remember the false promises of summer. Fool me once . . .
8:42:36 AM Google It! comment
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