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Technology Stocks : Network Appliance
NTAP 115.66-2.9%Dec 12 9:30 AM EST

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To: Lynn who wrote (2682)3/15/2000 11:59:00 AM
From: HDC   of 10934
 
WARMENHOVEN SAID ABOVE $500 MILLION!

Lynn, Hi! Can't these journalists read their own story?

Dan Warmenhoven, NTAP CEO, on a trip in Asia, said in a Reuters story dated 3/14 "This year, we are going to end the year above $500 million, up about 80 percent year-on-year." He also said, "Next year, I believe we stand a very good opportunity to reach $1 billion in revenue."

Take a look at the following headline from Reuters:"03/14 03:22 RPT-NETWORK APPLIANCE <NTAP.O> SAYS SEES $500 MLN REVENUE IN YR TO APRIL 2000 "

I find this very frustrating when these journalists make these kinds of blunders.

Anyway, this and the Datek situation regarding margins limit changes have certainly made for some wild swings. I told my wife that I've taken on a new hobby: BUNGY JUMPING OFF THE NTAP PRICE PLATFORM! What a free fall this morning!

Best,

Duncan
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