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Technology Stocks : Network Appliance
NTAP 119.14-0.2%Dec 11 3:59 PM EST
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To: Cirruslvr who wrote (8514)6/21/2001 7:30:01 PM
From: Jacob Snyder   of 10934
 
Bought more OHDAD at 3:27, for 3.3.

That was the lot I expected to clear when the stock hit 11, looks like it actually didn't clear till the stock hit 10.75. Have more limit orders pending, at where I estimate the option will be as the stock hits 9, 7, and 5. Now that we've taken out the April low, we're in another freefall until we get low enough for buyers to show up. The market is treating NTAP differently than EMC, so this isn't a sector problem, it's specific to NTAP. NTAP is flat when the market is up, and plunges when the market is flat or down.

At this rate, we'll reach single digits tomorrow. Only 11 more points of potential downside left.
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