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Technology Stocks : Network Appliance
NTAP 109.43-0.2%Nov 14 9:30 AM EST
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To: Mehitabel who wrote (1447)9/17/1999 2:26:00 PM
From: Danny Chan  Read Replies (1) of 10934
 
You are all very welcome. It's nice to come home and see that NTAP has a new high. NTAP is expensive, but looking into next year, few companies today can deliver 60% growth and it deserves its 60 times forward CY00 estimate. I also have the coverage of NTAP by GS and the tone was very similar to ML. GS talked more about competition from others like SUN, Auspex, HP, EMC and Cisco and the conclusion is no meaningful threat so far. Good luck all.
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