Moving and Storage Business News

The News Review:

- Brandywine Realty Trust Announces Resignation of Chief Financial…
- LSI Logic at Citigroup 7th Annual Semiconductor Conference – Final.
- Enron and Kinder: Different choices different outcomes
- THE INFOTECH 100 COMPANIES
- QLogic at FBR 2006 Growth Investor Conference – Final.
- Cops Sack Swedish Piracy Cove

Brandywine Realty Trust Announces Resignation of Chief Financial…
Free with registration – Business Wire – AccessMyLibrary.com – May 31, 2006
Marr its Senior Vice President and Chief Financial Officer. Marr has accepted the position of Chief Financial Officer at U-Stor-It Trust (NYSE:YSI) a self-storage real estate investment trust. “We appreciate Chris’ contributions and this is a great opportunity for him to return to a sector he.

LSI Logic at Citigroup 7th Annual Semiconductor Conference – Final.
Free with registration – Fair Disclosure Wire – AccessMyLibrary.com – May 31, 2006
We said that we needed to focus and bring more wood to the businesses that have long-term growth and sustainability. So in March of this year we announced that we were going to focus on storage and consumer and start moving up the value chain in terms of what we provided to our customer base. And as a result we basically moved away from being a merchant market ASIC company that was really — the Company was founded on back in 1981 or so. And so there was a pretty significant shift along with that. We canceled an investment that the Company had been making for the last three years around a new form of ASIC Rapid Chip a higher level platform ASIC. That cancellation or the shift in strategy will materialize in an annual OpEx savings of about $45 million starting in ’07.

Enron and Kinder: Different choices different outcomes
International Herald Tribune – May 31, 2006
"The concepts weren't real and the 'junk' was. It's actually a fabulous bookend of a morality play. " Kinder quit Enron after Lay won a five-year extension of his contract to be chairman and chief executive blocking Kinder from moving up. "I want to be doing something where I'm running my own show" he said in an interview in November 1996. Today in Business with Reuters… In court Lay claimed a negative net worth of $250000. "We are not a trading company" Kinder said in a March 2001 interview with The Daily Deal. "We are a midstream asset company: pipe storage and terminals. It's an unsexy dirty business. It's not rocket science. " Kinder's dominant personality and management style have shaped the company and is part of what attracted partners who plan to take it private said Robert Lane an analyst with Sanders Morris Harris in Houston. "That's what these guys are buying they're buying Rich" Lane said.

THE INFOTECH 100 COMPANIES
BusinessWeek – May 31, 2006
in the 1980s — ;made a major push to diversify beyond just serving Silicon Valley. Today the company makes everything from semiconductor test devices to blood glucose monitors for diabetics and is now moving into the aerospace industry. That diversification effort has paid off: Sales rose 28% last year helping Jabil generate a healthy 11. 4% return on equity. Shareholders are cashing in as well: Jabil’s shares have risen an average 19% over the past three years and were up another 19% in the year ended May 31. Company Info2005 RankNot RankedSales*($ Millions) 8694.

QLogic at FBR 2006 Growth Investor Conference – Final.
Free with registration – Fair Disclosure Wire – AccessMyLibrary.com – May 31, 2006
Please refer to our 10-K 10-Q for additional information on risk. I would like to start with FY ’06 review of some of our highlights. We made some significant changes in the company over the last year. We divested of our HDC business which was actually the genesis of QLogic was the HDC chip business and have moved almost fully into storage area networking and server fabric products now. We acquired a company called Troika for the acceleration technology that we will be implementing into our switch products as well as an appliance that is being sold in the marketplace and made certain globalization moves. We opened a postponement center in Ireland. We moved some of our manufacturing off of shore and also created a global services and support organization in coordination with Lucent to ensure that we support our customers on a better basis improved basis… It was with the Fibre Channel business that we have really expanded our position in the marketplace. We then subsequently added switches to the infrastructure of products we deliver into the IT environment. Our intention is and our vision is that the IT infrastructure moving from more monolithic to modular environments that the infrastructure connectivity is going to be a key to the success moving forward. And our intent is to provide solutions that cover the gamut of those interconnections. We have added the iSCSI products in the early 2000s with the acquisition of Little Mountain Group provides us access into remote servers and stranded servers for connecting into storage area networks. Recently we internally developed an intelligent storage router that provides an iSCSI to Fibre Channel Bridge product that allows us to hook up products like the servers in an environment where racks and racks of one-year servers that are not managed well can now be managed cost effectively in a SAN. Recently with the acquisition of Troika we’ve brought a storage appliance storage services platform appliance into the marketplace.

Cops Sack Swedish Piracy Cove
Forbes – May 31, 2006
Eric Garland chief executive of BigChampagne an online media tracking company says traffic to piracy Web sites is at an all-time high: His firm estimates that 10 million people are hunting for digital booty at any given time which the entertainment industry contends is costing them billions in lost revenue every year. “It’s a period of real adoption” Garland says. “We’re watching as downloading television and film content is moving out of the bleeding-edge dorm-room phase and toward the mainstream. “He says raids like Wednesday’s against The Pirate Bay won’t do much to change the online piracy scene–except make it more private. “It doesn’t necessarily solve the piracy problem or impact the problem; it merely evolves the problem” he says. “In much the same way as we can point to the shuttering of the original Napster as a formative victory for the entertainment industry it merely gave way to new tools new technologies and new communities. “Until today The Pirate Bay boasted that it ran the world’s largest BitTorrent tracker–meaning visitors could search for files using its Web site but they could not directly download the song movie television show or audiobook.