For a long while I've felt NTAP would have greater upside potential than EMC, which is why I made the buy originally. All it seemed to need was greater visibility, I reasoned.
Then, Mike Buckley, some posts back, observed that with revenues 20% of EMC's, it (EMC) seemed a better buy long term. I know, they're operating in different spaces and probably ought not be compared. Lately, I've been thinking back to IOM, and even earlier to (damn, the name escapes me just now) a memory mfgr in the Denver area...high flyer for a while but nowhere now. These are cowardly negative vibes.
Nothing terribly specific, but with the price seeming to just hang, I wonder if my premise re visibility makes any sense at all. The closest I can come to a real problem is that systems are getting bigger, memory problems are as well, and this seems to argue in favor of bigger solutions than NTAP offers....so I'm back to thinking EMC might be a better place to be.
Which leads me back to where Lindy starts....right now, what's my best opportunity for appreciation in the next 12 months. I don't think it's either one.
None of this says NTAP is not a solid company, with a solid management, product, and opportunity. It just doesn't seem to move, and I just hate dead dough. |
