>NetApp always warns of decreasing GM. It is simply because as the disk drive content goes up, the margins go down.<
thank you, DS. that goes a long way to abating my "fears."
fwiw, here come the analysts ...
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Network Appliance Reiterated `Strong Buy' at Prudential Bloomberg News August 19, 1999, 4:51 a.m. PT Princeton, New Jersey, Aug. 19 (Bloomberg Data) -- Network Appliance Inc. (NTAP US) was reiterated ``strong buy' by analyst Kimberly Alexy at Prudential Securities. The 12-month target price is $68.00 per share.
Network Appliance Reiterated `Buy' at PaineWebber Bloomberg News August 19, 1999, 4:23 a.m. PT Princeton, New Jersey, Aug. 19 (Bloomberg Data) -- Network Appliance Inc. (NTAP US) was reiterated ``buy' by analyst Donald M. Young at PaineWebber Inc. The 12-month target price is $65.00 per share. |