Listservers, I noticed in this week's Fortune magazine - vol. 142, no. 12, to be displayed until December 4, 2000 - a worrying statement by Mike Ruettgers, CEO of EMC, the digital storage company. He says, "Once companies have committed to collect information - and almost everyone knows information is key today - it becomes almost non-discretionary spending. If you collect stuff today, it has to go someplace, even when you have slowdowns. I don't see saturation in storage." Ruettgers means he sees no saturation in terms of sales of storage systems. Well, I have seen the enemy, and for Mike Ruettgers the enemy is me, and you, if we are going to apply retention schedules and put some sense into endless accumulation of "information". I thought I'd already had my technology shakes for the day, with the desktop email archive PK let us know about - where do they think these things up? But endless storage is EMC's business model, and it is incumbent on records managers to fight this to the bitter end. Best regards, David ______________________________________ David Povey Corporate Information Officer Munich Reinsurance Co of Australasia Ltd Level 5, 143 Macquarie Street, Sydney, NSW 2000 PO Box H35, Australia Square, Sydney, NSW 1215 Direct Phone +61 2 9272 8152 Fax 9251 4885 email: [log in to unmask] CAUTION: This message is intended only for the named addressee. It is confidential and may be legally privileged. If you are not the intended recipient, any disclosure, copying, or distribution is prohibited and may be unlawful. By opening any attachment, you agree that Munich Reinsurance Company of Australasia Ltd ("MRA") will not be liable for any loss resulting from viruses or other defects. Any views in this message are those of the individual sender, except where the sender expressly and with authority states them to be the views of MRA. MRA will not be liable for any action taken, or omitted to be taken, in reliance upon the contents of this message.