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Technology Stocks : Network Appliance
NTAP 117.26+1.1%Dec 5 9:30 AM EST
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To: Beltropolis Boy who wrote (4800)10/24/2000 1:16:04 AM
From: kas1  Read Replies (1) of 10934
 
1Q results reported in mid-august specifically cited a sequential decline in NetCache business from 8% to 4% of total revs.

If I recall correctly, total revenues grew 100% sequentially in 1Q.

So going from 8% of X to 4% of 2X isn't really a decline, at least not in absolute terms.

It would be more accurate to say their NetCache business is not growing as quickly, or as reliably, as their other businesses.
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