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Technology Stocks : Network Appliance
NTAP 114.29-1.3%2:21 PM EST

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To: wgh613 who wrote (10066)4/24/2002 8:36:28 PM
From: pirate_200   of 10934
 
> NTAP looks pretty weak today.
>
> Any thoughts?

Look at all the storage stocks and they weren't
particularly exciting today (EMC, Legato, NTAP,
Veritas, Auspex):

========
quote.yahoo.com
========
EMC -2.86%
LGTO 0.00%
NTAP -4.53%
VRTS -5.82%
ASPX -13.39%

Auspex and Legato were having some self-induced
problems long before the market started down in
Spring, 2000. However, looking at all these stocks
as a basket sometimes helps ease the pain when
trying to diagnose strange trading days.

I also watch Brocade (BRCD) which was down -1.58%
and Broadcom (BRCM), down -4.09%. Broadcom is
a semiconductor not storage stock but NTAP, Broadcom
and Juniper (JNPR) sometimes move in synch because I
believe they are seen/were seen as rising stars on
the NASDAQ and seem to trade similarly, often.

Note also that the trading volume for NTAP wasn't
very high today either.
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