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Technology Stocks : Network Appliance
NTAP 111.56+2.1%Nov 28 9:30 AM EST
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To: DownSouth who wrote (547)1/12/1999 10:15:00 AM
From: Mitch Vine  Read Replies (1) of 10934
 
If you look at the past couple of years, revenue growth from year to year has been gradually slowing. 96/97 was 102%. 97/98 was 78%, 98/99(6mo) 72%. I'm not knocking the company, but if the growth rate keeps dropping, a 140x pe looks pretty high.
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