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Technology Stocks : Network Appliance
NTAP 115.66-2.9%Dec 12 9:30 AM EST
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To: riposte who wrote (7666)4/10/2001 9:02:52 PM
From: kas1   of 10934
 
re DW "giving us a warning," I think that everyone knows that there's some lowering of expectations. What we don't know is how much -- but I wouldn't equate his statement with a warning.

BTW, Dan W's economics error: what he should have said is that the demand used to be inelastic (with respect to price), and is now elastic. Elastic demand means* "as the price goes up, I buy less of if." He said the opposite.

*Yes, I know this is a simplified definition.
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