These up-and-coming storage companies from the 2008 CRN Emerging Vendor list have a winning view on the storage space.
Solution providers interested in a refreshing take on VoIP from young, up-and-coming companies need look no further. The 2008 CRN Emerging Vendor list includes six VoIP vendors on the rise.
We picked the top of the line. Check out the these companies, selected from our database of 178 emerging vendors.
Raymond James & Associates lowered Insight's rating to Market Perform, from Strong Buy, because of uncertainties about corporate IT spending in North America, according to Brian Alexander, senior vice president of equity research, technology distribution. In addition, Alexander cites growing concerns about Microsoft licensing, issues with Insight's mySAP rollout and its acquisition of Cisco Systems solution provider Calence.
Shares were trading at $15.95, down $1.19, on Monday afternoon.
"We think there is a reasonable chance that the company's 2008 EPS guidance range of $1.80 to $1.95 comes down when it reports 1Q results on May 8, as it assumes at least mid-single digit revenue growth," Alexander wrote in a report. "Findings from our 1Q IT Demand survey suggest that sales through IT resellers are expected to grow just 2.6 percent year-over-year in 1Q."
Over the past six quarters, Insight has grown slower than Raymond James' industry forecast, Alexander wrote.
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