NTAP--Thursday July 27, 10:58 am Eastern Time Company Press Release The Wall Street Transcript Publishes Money Manager Comments on Network Appliance NEW YORK--(BUSINESS WIRE)--July 27, 2000--Anthony Sellitto, senior vice president of Berger Funds, examines portfolio management strategies in this timely and deeply informative 2,500-word interview from The Wall Street Transcript (212/952-7433) or twst.com.
In a valuable review of investing strategies, Sellitto explains his approach to managing money and offers specific stock recommendations.
Sellitto states, ``I focus on large cap stocks. I'm looking for companies that have great long-term prospects for growth on the top and bottom line, companies that are market share leaders that we think can sustain their leadership position, or who are taking market share. We also like to invest in companies in industries that are growing rapidly. Additionally, we are looking for those companies that have particularly strong managements that can execute on their strategy. Finally, we want our companies to have stable or expanding margins.''
Sellitto highlights Network Appliance (Nasdaq:NTAP - news). ``We saw an opportunity with the data storage market, particularly the network attached storage market, where Network Appliance plays. We were very constructive on that market when it was somewhat out of favor. We did a lot of work on whether network attached storage was going to be a large market, and we also explored the size of the caching opportunity. Both of these products have continued to pan out very well for the company as their top-line growth has accelerated.''
To obtain this insightful 2,500-word report, call 212/952-7433 or see twst.com.
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