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Technology Stocks : Network Appliance
NTAP 114.72-0.9%Dec 3 3:59 PM EST

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To: waverider who wrote (6255)2/8/2001 4:23:46 PM
From: k_maxwell  Read Replies (1) of 10934
 
Re: <<<<<This is amazing. I have been reading this thread for the past month or so and it is QCOM 2000 all over again. People show up with suggestions that NTAP is overpriced, showing technical weakness (in the charts), or whatever, and the bulls jump all over them...all the wayyyyy dowwnnnnnnnnn.>>>>>

Yeah, but QCOM dropped to $50 last summer, and is now $85. Defied the tech wreck trend in Nov.-Dec. Pretty good return if you got in anywhere near the bottom. I don't know where the bottom is on NTAP either, but in the low $30's I'd say the risk/reward looks pretty damn good.
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