Ugly.
Yep, it is.
I hate to keep posting negative things, but, really, things are NOT good out there in tech land.
I don't like NTAP, the stock, because I think it's manipulated by MM's and others. There's just NO justification for the wild price moves.
I don't like NetApp, the company, right now, because everyone - and I mean EVERYONE is gunning for a big chunk of the storage sector. Sun, IBM, et al are more likely to have deep "ins" in corporate accounts, and can offer all kinds of incentives and discounts to keep those storage $$$ from escaping. They're not playing hardball; they're playing for their lives. I can only speculate about the price action of NTAP, I can tell you from personal experience that that's what going on in the IT trenches.
Did you see the article about WCOM? People are finally figuring out that there's nothing there...
Again, sorry for being so negative. Honestly, it's not my nature.
Have a good evening, and good luck.
Steve |
