SEATTLE & SANTA CLARA, Calif.----F5 Networks, Inc. , the global leader in Application Delivery Networking , and Data Domain, Inc. , the leading provider of deduplication storage systems, today announced a new partnership to co-market a joint solution that automates the movement of static and archive data from expensive primary storage to a cost-efficient secondary storage tier.
F5 Networks, Inc. (NASDAQ: FFIV), the global leader in Application Delivery Networking (ADN), and Data Domain, Inc. (NASDAQ: DDUP), the leading provider of deduplication storage systems, today
Data Domain, Inc. (NASDAQ: DDUP) todayannounced results for its third quarter ended September 30, 2008. Netrevenue for the third quarter of 2008 was $75.0 million, an increase of 23%from the second quarter of 2008 and an increase of 134% from the thirdquarter of 2007.
Data Domain, Inc. (NASDAQ: DDUP), theleading provider of deduplication storage systems, today announced thatresults from the TheInfoPro's new Wave 11 Storage Study cites Data Domainas the top in-use deduplication vendor by respondents in both Fortune 1000companies and among midsize enterprises. Further, Fortune 1000 usersinterviewed see Data Domain as one of the storage technology providers withthe most exciting storage products and services in 2008 and moving into2009. Additionally, according to the study's Technology Heat Index -- whichgauges the immediacy of user need and
The following is excerpted from a recent note to clients:
Data Domain (DDUP) reports tonight. Street expectations are set at $68M/$0.07. Our checks continued to show strong uptake of deduplication products with DDUP on the winning end of some large deals. As such, we would be surprised if Data Domain missed September quarter forecasts.
We highlighted Data Domain (DDUP) in a prior post a bit over a week ago as being exceptionally timely given the excellent data we were getting through our research sources and the market-driven pull-back in the stock to levels that provides some meaningful upside to our $24 IV estimate.
The stock has held up well during this time and into the earnings last night which reflected strong execution and allowed the company to raise guidance for the year. The company continues to post powerful growth of over 100%.
We’ve been following Data Domain (DDUP) for over a year and it has tended to be too expensive to buy. Our intrinsic value [IV] estimate has been fairly consistent at $24/share but recent inputs suggest the company may be able to do well enough for us to tweak our model higher and see an IV in the upper-$20's.
The recent market turmoil has reduced the price to just over $20, which makes this a strong candidate for boosting overall 2008 returns. The shares could easily finish the year up 20% from here.
General Motors (GM) – Goldman Sachs’ demotion of GM from “neutral” to “sell” further demoralized a stock that has suffered mightily for the sins of the broader economy in recent months. Goldman’s downgrade cited the possibility that GM will have to resort to shareholder dilution “and/or” a cut in its dividend to shore up capital. Shares plummeted 11%, setting the latest in an atrocity exhibition of 52-week lows today, as implied volatility on all GM shares veered almost 20% higher, now coming in at 97.4% against a historic reading of 53.2%. Buying pressure has been observed in put contracts securing...
After Dell Inc. (DELL) announced on
Thursday the close of its acquisition of the creatively
named the Networked Storage Co., a data storage consultancy, the
question arises as to who will be the next storage acquisition? Dell has been acquiring storage networking
companies at a good clip. Still pending is its $155 million agreement to buy MessageOne Inc., an e-mail archiving services company, and Dell recently spent $1.4 billion for EqualLogic Inc. in its biggest acquisition ever.
Who's next? In a new report,
the 451 Group looks at a wide range of potential targets for Dell.
Analysts Henry Baltazar...
(ANR)
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Options in Appalachian coal maker Alpha Natural Resources ? a
leader in the production of metallurgic, or ?met? coal, used in the
production of steel - are moving at nearly 8 times the average volume today,
against a marginal .74% gain in share price to $33.59. Today?s active
option volume of 22,000 stacks up to about 20% of its open interest, with calls
posting their heaviest traffic of the year today, owing to positions entered
in the January calls at the 30 and 35 strikes. This may be indicative of bear
call spread activity involving the fresh purchase of calls...
Data Domain ( NASDAQ : DDUP ) , the leading provider of deduplication storage systems , today announced that Data Domain Principal Technology Evangelist Rich Colbert will present at this week's ...
SANTA CLARA , CA - - ( Marketwire ) - - 11 / 17 / 08 - - Data Domain ( NASDAQ : DDUP ) , the leadingprovider of deduplication storage systems , today announced that Data DomainPrincipal Technology ...
Data Domain ( NASDAQ : DDUP ) , the leading provider of deduplication storage systems , today announced that Data Domain Principal Technology Evangelist Rich Colbert will present at this week's ...
London , UK , Nov 13 , 2008 ( M2 PRESSWIRE via COMTEX ) - - DDUP | Quote | Chart | News | PowerRating - - Shoden Data Systems UK , an innovative provider of data storage solutions for organisations ...
Roger Williams Medical Centre , in Rhode Island , US , has selected deduplication storage systems provider Data Domain to simplify its backup , restore and disaster recovery processes , states ...
Data Domain , a provider of deduplication storage systems , has announced that service provider partners BluePoint Data Storage , Distributed Systems Services and Simply Continuous have delivered ...
Data Domain , Inc . ( NASDAQ : DDUP ) , the leading provider of deduplication storage systems , today announced that Norton Rose Group has selected Data Domain to consolidate and automate its ...
SANTA CLARA - Data Domain , Inc . , the leading provider of deduplication storage systems , today announced that results from the TheInfoPro's new Wave 11 Storage Study cites Data Domain as the ...
Stocks 
We highlighted Data Domain (DDUP) in a
