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Technology Stocks : Network Appliance

NTAP 114.72

-0.9%

Dec 3 3:59 PM EST

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To: DownSouth who wrote (7452)	4/3/2001 11:47:03 AM
From: kas1	Read Replies (1) of 10934

It's time to buy some NTAP, imo. I'm scared of stocks that trade below $20. They can get 50% haircuts very, very quickly. I bought on the way down, in the 70s, 60s, 50s, and 30s, and ended up having to eat crow and sell around 20 (then again buy in with a small position at 22, sell at 18). Why not wait for this thing to run its course? The market sentiment x BlueArc uncertainty x whatever EMC has up its sleeve are quite a formidable combination, and I'm not sure that they're priced into the stock yet. The P/E isn't that low.

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