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Technology Stocks : Network Appliance
NTAP 106.47-0.6%Jan 2 9:30 AM EST

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To: MulhollandDrive who wrote (2662)3/14/2000 1:29:00 PM
From: pirate_200   of 10934
 
> Warmenhoven made a forward looking statement. I'm
> betting that he's smart enough to low ball his
> estimate. He said "this year, we are going end
> the year at over 500 million.." That still leaves
> room for upward revisions..

I agree, but, he apparently (intentionally) said 80%
for a reason. Maybe he's low-balling, maybe he was
misquoted or maybe he's starting a campaign to reign
in analysts.

We'll see what the NetApp PR-machine does next, since
I would expect to see some analysts reiterate-BUYs
as a signal that all is well or the company offer
more clarification in a PR release.

Personally, I think the back-to-back stock splits
were an extremely bullish sign from NetApp that
all is great with the future they see. However,
you have to take these quotes at face-value until
NetApp PR or someone adds more information.
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