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CIBC Revises SAN Stocks Down: Page 3 of 3

He urges investors to view anticipated selling pressure as an opportunity to begin selectively committing capital to the storage sector.

CIBC isn’t the only firm lowering sales and EPS estimates for the storage sector. Most of the brokerage houses appear to be taking a more cautious approach now (see Wall St Worried About Storage and McData Feels the Pinch).

— Jo Maitland, Senior Editor, Byte and Switch http://www.byteandswitch.com