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Technology Stocks : Network Appliance

NTAP 117.48

-1.6%

12:19 PM EST

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To: Jacob Snyder who wrote (8657)	7/11/2001 1:10:02 PM
From: epsteinbd	of 10934

MEANWHILE, AS WE WAIT FOR THE PANIC... And not a big one : the weak players, gamblers and newcomers had to return to business as usual... often with debts. Life is dangerous. So I don't believe that the high PE tech companies ( excluding .catdogetc) that are not facing a real risk of banckruptcy within the next three quarters will see their price cut by two, any more. The best you could get is downtrend days starting... now, but not for that long before a correction, then, a wait and see attitude while the cuts finally do start to soak in. Another reason is that we are quite a few to be waiting like you are, but probably not... that patient. Cheers. Epsteinbd.

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