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Technology Stocks : Scandinavia Company -- SCF

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To: Tom Bourbulas who wrote ()	6/29/1999 8:14:00 AM
From: BooKooCabbage	of 82

Mirror Image Internet should be growing also. The performance and outlook for NTAP is positive and Network Appliance(NTAP) and Mirror Image Internet (SCF) are in same business. BancBoston Robertson Stephens computer systems analyst Alex X. Mou today reiterated his Buy rating on Network Appliance (Nasdaq: NTAP). The company, based in Santa Clara, Calif., is a leading vendor of dedicated file serving and caching solutions for enterprises and Web-based companies. "We are reiterating our Buy rating on Network Appliance," said Mou. "Beginning today, the company is being added to the S&P 500 Index. This is the first major index to include the stock, which was previously included only on the Russell 2000 and 3000. We view this as a positive step for Network Appliance to gain further exposure to institutional investors. "In addition, we believe the July quarter is tracking well, with OEM businesses rolling on schedule and NetCache penetrating more corporate accounts," said Mou. "We continue to believe Network Appliance is well positioned despite competitive talks."

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