Q4 2007 U-STORE-IT TRUST Earnings Conference Call – Final.
The News Review:
- Q4 2007 U-STORE-IT TRUST Earnings Conference Call – Final.
- Bloomberg.com: Investment Tools
- Bloomberg.com: Investment Tools
- Michael Robertson Debuts SyncWizard Storage Service
- Hewlett-Packard at Pacific Crest Securities Data Center 3.0 Conference…
Q4 2007 U-STORE-IT TRUST Earnings Conference Call – Final.
Free with registration – Fair Disclosure Wire – AccessMyLibrary.com – Feb 29, 2008
Thanks for joining us. Chris and I will make the presentation today and I will start out. I want to talk about the sector, and I will leave the company comments regarding the quarter and the year up to Chris. But I am reminded by a little story I want to start out with in 1994 when we were first taking Storage U. out public we were out doing our initial road show and we had this investment banker who was squiring us around stand up and say we’ve got a great company here for you today, we were making a presentation to about five portfolio managers…
last year in foreclosures. In fact, it was ranked number one in 2006 as well. But last year, if you use the self-storage data service that Ray Wilson provides to our sector every quarter, if you take Ray’s sampling, and it is a very broad sampling, I think over 4,000 facilities around the country, the Detroit market experienced over 10% — 10. 13% year-over-year growth in rental rates. And experienced 8% year over year growth in physical occupancy. That was Detroit, and that was ranked number one. Stockton, California, was ranked number two, and I skipped that one because we don’t have a presence there.
Bloomberg.com: Investment Tools
Bloomberg – Feb 28, 2008
The Company's propertiescomprise approximately 448,000 units and 47 million square feetrented by approximately 330,000 individual tenants. The Company isthe second largest operator of self storage in the United States. For Information:James OverturfExtra Space Storage Inc. (801) 365-4501 Mark CollinsonCCG Investor Relations(310) 477-9800 Extra Space Storage Inc. PHONE (801) 562-5556FAX (801) 562-55792795 East Cottonwood Parkway, Suite 400Salt Lake City, Utah 84121www.
Bloomberg.com: Investment Tools
Bloomberg – Feb 29, 2008
John von Spreckelsen (65) became Chairman of Safestore in October 2004. Richard Grainger (47) was appointed to the Board as a Non-Executive Director last year. Safestore's Chief Executive, Steve Williams, said: "I would like to thank John for his considerable contribution over the past four years. He is handing over to Richard almost exactly a year after our flotation, a year in which we have grown our portfolio of stores and earnings per share…
Previously, Mr von Spreckelsen was the Chief Executive Officer of Budgens plc and served as the Chairman of Somerfield plc. Mr Spreckelsen began his career at Commerzbank Germany and Bank of America International, before becoming the European Finance Director of Bowater Corporation. This information is provided by RNS The company news service from the London Stock Exchange END BOAKGGZZRRFGRZM Last Updated: February 29, 2008 02:02 EST.
Michael Robertson Debuts SyncWizard Storage Service
InformationWeek – Feb 28, 2008
While the company also had built a virtual Web based desktop called ajaxWindows, Roberson was less than satisfied. “I didn’t think these were solving a specific consumer problem,” he said. “Consequently [the company] turned their focus to moving personal data up to the Internet and making it available to any Web-enabled device. So, in essence, SyncWizard competes with consumer-oriented online storage services such as ones from Microsoft, Yahoo, Google, and Apple, but it also hits at the heart of customizable portals such as My Yahoo or iGoogle. “The problem with both is that they’re really not ‘My’ stuff. It’s just a presentation of news headlines, stock quotes, TV listings, and other existing content I’ve requested,” Robertson said. Rather, Robertson is hoping to leapfrog plans by the portals to enable people access to their “My Documents,” “My Pictures,” “My Music” and whatever else people deem a necessary part of their digital world.
Hewlett-Packard at Pacific Crest Securities Data Center 3.0 Conference…
Free with registration – Fair Disclosure Wire – AccessMyLibrary.com – Feb 29, 2008
0, that we’re going to be talking about the future. Read it, understand it and, in any event, don’t hold me accountable for any forward-looking statements. So what’s causing this? I like to say it’s a great time to be in the storage business. Obviously, HP is much, much broader than a storage company, but there is so much information being created today. And we go back to the Internet bubble. This really, I think, makes that pale in comparison in many ways, because the way information is being created, the way it’s being used, is really changing. Some of these interesting statistics on here — 1.
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