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Technology Stocks : Network Appliance
NTAP 117.26+1.1%Dec 5 9:30 AM EST
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To: Miguel Octavio who started this subject2/9/2001 8:49:27 AM
From: Blue Voodoo   of 10934
 
The NTAP earnings report was almost exactly what analysts were expecting 2 weeks ago, when NTAP sold for $75 per share. A 50% decline to new 52 week lows without any material change in outlook suggests it's time to start buying, not selling. Other high flying stocks that sold off after meeting expectations had not experienced 50% declines just prior to those earnings.
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