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Technology Stocks : Network Appliance
NTAP 117.53+0.2%3:59 PM EST

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To: techreports who wrote (8642)7/10/2001 10:31:36 PM
From: Jacob Snyder   of 10934
 
At these levels, any individual or fund that bought anytime since late 1998 is underwater. That means that, unless we have a huge rally, there is going to be a lot of selling by funds in October, and individuals in December (window dressing and tax-loss selling). So, whatever lows we hit now are likely to be retested then.
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