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

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To: Chaz who wrote (5120)11/17/2000 6:11:48 PM
From: Dr. Id  Read Replies (2) of 10934
 
2) The other point we should all remember is that storage continues to grow big time and that 6 months from now, we are all going to talk about this
period in market history as one of the best buying opportunities of this young decade.


There have been several of these "best buying opportunities" in just the last year or two! I originally bought at 60 in April 1999, and it dropped two months later to 40 (I doubled up). That is pre 4 splits (my cost is 12.50). I state this only to point out that this stock is EXTREMELY volatile, but the long term trend has been up. Just last Spring, the stock traded down to 41, after having been in the 120's. I expect that a few months from now, it will be in triple figures again.

Dr.Id@wishIfeltasbullishasIsound.com
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