Network Appliance Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Network Appliance

NTAP 112.28

+0.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jacob Snyder who wrote (7001)	3/14/2001 8:34:35 PM
From: BirdDog	Read Replies (1) of 10934

Assuming they increase market share in the overall storage market, it does not follow that they meet expectations for 2001 EPS. NTAP may get a bigger slice of a smaller pie (smaller in 2001 only). Error number one... There is nobody out there figuring NTAP's market share of the overall storage market. All estimates are on NAS only. Even your own statement is hypocritical. ...a bigger slice of a smaller pie... You talk about the total storage market. Then you talk about a bigger slice of a smaller pie. The total storage market is magnitudes larger than the NAS market. We are talking about NTAP expanding into a smaller slice of a much bigger pie. But unless you paid attention to "the story" as you put it. You couldn't know this. Right now, companies are not asking whether they should buy NTAP or EMC storage products. They are asking whether they should (or can) buy anything. Error Number Two... When companies must have a product to succeed. And they are much much more critical of their spending. They are much more motivated to go with the less expensive solution. NTAP can now provide a storage solution that costs the customer one fourth of what the competition (SAN) can provide including maintenance of the system. This is a definite advantage for NTAP. But then, you would have to pay attention to what you call "the story" to know this. But, if the scenario I expect plays out, I'll be buying this stock very cheap sometime this year. Error Number Three... How can you know what the scenario is going to be when you don't pay any attention to what you call "the story"? You don't have the slightest idea what is going on with this company. All you pay attention to are P/E's, P/S's, and charts. You don't have the slightest idea what the scenario can be. Error Number Four... If you don't think this company is cheap now. You will never think it is cheap. The charts will keep going down. Earnings estimates will keep going down. And you will never think it is cheap. Lets not forget to include the decline in earnings estimates into the formula...keep that cutting earnings estimates by 50% every six months...by 2003, NTAP should be making 5 cents a share. BirdDog

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next