Mark Fredrickson
Mark Fredrickson
cater lack market narrow outside product sell shark sign storage unable
They're going to resell each other's products, which is a sign of weakness. From Compaq's standpoint, that's an acknowledgement that they lack a high-end storage product. From IBM's standpoint, it's an acknowledgment that they've been unable to sell the Shark product outside of the very narrow mainframe market that they cater to.
ability best buying contingent continue drives intend meet policy technology
We've always had a policy of qualifying and buying the very best technology that we can put in our systems. We intend to continue to buy disk drives from IBM, contingent on their ability to meet our standards.
became billion course evident less past target
During the course of the past year, it became evident that the $3 billion target was less realistic. So in the course of the settlement discussions, this was addressed and resolved.
beyond comment defend ongoing suit
The suit is without merit, and we will vigorously defend ourselves. Beyond that, we will not comment on ongoing litigation.