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Technology Stocks : Network Appliance

NTAP 111.56

+2.1%

Nov 28 12:59 PM EST

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To: horsegirl48 who wrote (5331)	11/22/2000 9:19:16 AM
From: Boplicity	Read Replies (1) of 10934

In the beginning I said that most stock tend go back to their trendline that would be 35 or so for NTAP but it would have to go straight down, I didn't think that would happen at the time, now I'm not so sure. No way did I think NTAP would drop this fast. Still, for me I found value in the 40 to 50 area, which so happen to be the range of the spring bottom which would offer up support. After which I felt a base will need to be built, the speed of the drop confirms this. I love a good long base. I mention elsewhere that QCOM should serve as an example of what to look for in quality stocks such as NTAP once they were revalued. As always news can come at anytime, stock specific or macro, that can change the outlook. ZERO

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