In Unix, there are 3 special files: standard input, standard output and standard error. The first one is a source of input data stream, while the last two are output streams. They are normally your termainl. When you use cat to display a file, the output is sent to the standard output, so that you can see it on the terminal. You are allowed to redirect them to different files:
cat /etc/sysconfig/network
cat /etc/sysconfig/network > /tmp/network
cat /etc/sysconfig/network 2>&3 >/tmp/network
cat /etc/sysconfig/network 2>&3 3>/tmp/network
This effectively redirects all standard output and standard error to the file /tmp/network.