Disaster-Recovery Needs Didn't Stop Storage's Slide

In theory, it made all kinds of sense that companies would load up on storage capacity in the wake of Sept. 11, investing in disaster recovery to protect themselves in case of future attacks.

But in practice, that idea proved a bust.

Granted, the terrorist attacks drove home the point that companies needed to be better prepared for disasters. But they also struck such a body blow to business confidence -- in an already sluggish economy -- that nervous managements grew leery of spending on expensive goods like storage systems. ...