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Vol. 5 No. 10 December 2006

Recent storage company IPOs remind us that fast and loose spending isn't behind us

Oh good, we're still stupid And with nouveau-billionaire companies that are still looking to turn a profit, it doesn't look like we're going to get smart real soon. "Can you believe my board is actually complaining that we're profitable?" This was the question I was asked over dinner with a storage industry CEO last week. I can't name him because there are forces on his board who, while clearly moronic, may be able to read. Unfortunately, yes, I can believe it. History does repeat itself, sometimes right after it's finished. We seem to have learned nothing from the lessons imposed on us during the stock market crash of 2000. We were decimated financially because we bought stock in when it consisted of five 16-year-old skateboarders, a PC and a market cap that surpassed the gross national product of Asia. Little old ladies were playing bridge and talking about Amazon's IPO. And hard-working people were lured into the frenzy by dirty, rotten stock analysts and ended up losing their retirement savings. It was only six ...

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Features in this issue

  • Hot technologies for 2007

    "Storage" magazine's editors reviewed technology developments, product introductions and storage standards to come up with this short list of must-have technologies for 2007. We believe iSCSI SANs, hardware-based tape encryption, high-capacity disk drives, virtualization and thin provisioning will have the greatest impact on enterprise storage environments.

  • SAN consolidation strategies

    As islands of SANs proliferate in companies, the cost of storage can soar. Sound SAN design strategies allow companies to reduce the number of SAN islands, strengthen a primary SAN, make storage easier to manage and provide more data protection.

  • Quality awards II: EqualLogic named top midrange array

    by  Rich Castagna

    Another Quality Awards dark-horse candidate, EqualLogic PS Series, joins backup winner BakBone in unseating established players for top honors.

Columns in this issue

  • Is it really a disaster?

    Was it really a disaster after all? It's important to distinguish operational recovery from disaster recovery because the tools and techniques used in each situation can differ significantly.