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Technology Stocks : Network Appliance
NTAP 106.81-2.4%Nov 17 3:59 PM EST
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To: Beltropolis Boy who wrote (1001)5/19/1999 11:50:00 AM
From: DownSouth  Read Replies (1) of 10934
 
by my numbers, it looks like this figure may have dipped slightly.

The fact that cash would have dropped without the public offering tells me that the company is wise in issuing the new stock. It had plans to spend some money and did not want to get dangerously low on cash. The PO kept their bank account healthy. In the cc Dan commented that a new round of products were being put together and the R/D is expensive. I suspect the cash will be invested wisely.
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