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Technology Stocks : Network Appliance

NTAP 117.26

+1.1%

Dec 5 9:30 AM EST

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To: Mohan Marette who wrote (882)	4/19/1999 3:12:00 PM
From: Mehitabel	of 10934

Mohan, doing some paid-for research on NTAP thru Multex, and will be posting summaries of it here. S&P report of 4/12: Has had good sequential growth for two years, and Q1 above Q4. rising backlog, improved visibility gaining share from traditional computer/storage companies Dell to intruduce NTAP product in 1st half of 1999. Dell is "perfect partner" for NTAP little competition data intensive applications include computer-aided design, manufacturing and engineering. Software development, securities trading and airlines reservations are also data intensive. Industry Outlook: positive, fuelled by dropping component prices and increased graphic and other capabilities. Storage capacity expected to grow at annual rate of 90% over next several years. Every technology trend is leading to increased demand for storage

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