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Technology Stocks : Network Appliance

NTAP 111.56

+1.1%

Nov 12 3:59 PM EST

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To: Rich1 who wrote (4025)	8/15/2000 11:49:54 AM
From: MulhollandDrive	Read Replies (1) of 10934

Well let's see, if you look down at the right hand corner of your screen at that little picture thingy, it looks like low 90's makes a short term double top. That's the bad news. The good news is that it looks like low 80's are support then, low 70's. The bad news again is that I think it may remain in a range between those support and resistance levels until the NAZ breaks above 4000. Let's just say I think it's a good trading vehicle and a fine long term hold. I saw KW on Squawk Box this morning. Very impressive and I REALLY liked what he said about the competitive threat from EMC. Basically I think he said that EMC has to cannibalize their SAN sales to promote NAS.

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