Thread (and Miguel), this is not a pretty chart for the last couple of weeks. We are back where we were about 45 days ago. hmmm...that's not so bad, unless you bought at the peak, of course.
siliconinvestor.com
I am expecting a nice quarter. Don't expect NTAP to blow expectations by more than a penny or two, though. They are like CSCO in that regard. (Wonder why?)
I'm in for the long run, so would not sell even if we dropped another 20% or more. In 3-5 years, this will be a very faint memory. Fundamentals such as dominance of their market, barriers to entry, growth of their market, margins and good management remain as strong as ever.
I did warn about the momo players, folks. Now we are paying for it with the predicted volatility. If you are in for the long run, I encourage you to hold on. If you are short term trader, I offer no advice because I cannot play that game.
Jerry |
