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Technology Stocks : Network Appliance

NTAP 109.60

-1.8%

Nov 13 4:00 PM EST

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To: George the Greek who wrote (1072)	6/14/1999 9:28:00 PM
From: Chris O'Connor	Read Replies (2) of 10934

This may be a slow thread but those are the best kind. Too many of these threads are full of useless posts and misinformation posted by shorts. What we lack in quantity we make for in quality. I don't think we need to post on the day to day movements of this company. In my opinion, most of us here are concerned with 5 years from now and not the day to day movements of the stock. Besides, my opinion on technical analysis is this. Technicians have several ways of interpreting each technical tool which results in too many interpretations of every technical rule (thus confusion). Ask yourself, why do technicians differ so much if the charts gave a definitive answer??? Most importantly, if TA was so great, everybody would use it and make money. How do the charts give answers to sudden information which has an impact on the price of the stock??? It can't, therefore, how valuable can it truly be in predicting LONG TERM PRICES of a stock??

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