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Technology Stocks : Network Appliance

NTAP 117.26

+1.1%

Dec 5 9:30 AM EST

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To: Mitch Vine who wrote (592)	2/7/1999 12:06:00 PM
From: Ricky Rydell	of 10934

I can only say from past experience that this stock has been a little roller coaster between $30.00 and $60.00 it's entire life, with a definite upward trend and 2 splits under the belt. It is a bit overpriced at it's current value. Hype and the word "Network" in Network Appliance has something to do with it. At least it seemed that way back in 1996 when I first invested. I got in because I work in the business and believed in what they were doing. The way to play this one, at least in my opinion, is when the price is right you buy as much as you can safely afford, and when the price is up you sell a little to get what you paid back. Few stocks will allow you to do this. This one did before options were offered. I'm not certain what will happen now.

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