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Technology Stocks : Network Appliance
NTAP 112.12+0.5%2:10 PM EST
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To: mtnlady who wrote (4883)11/4/2000 1:58:04 PM
From: DownSouth  Read Replies (2) of 10934
 
I understand your nervousness. Having this lofty PE makes one feel like one's head is above the trench.

I cannot predict the movement of NTAP's stock in the short term. They continue to execute well and develop/acquire the right technologies for the next step in their end-to-end quest.

What we will see in the months ahead are a bunch of startups and smaller scale products shooting at NTAP. This will cause some FUD factors that we have not seen before.

I also believe that the storage market may eventually be a victim of the same kinds of pundits who claim that the telcom/fiber market will suffer from capital spending cuts.

But the next 2-3 years look very good for NTAP, imo.
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