SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Network Appliance
NTAP 111.56+2.1%Nov 28 12:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DownSouth who wrote (5111)11/17/2000 2:29:53 PM
From: Chaz  Read Replies (4) of 10934
 
To DS and Group

I've only owned NTAP for a little over a year, so I'm far from being an expert. I think that we all should remain calm. It's clear that when exuberance exists in the market, stocks go up way too quickly, well beyond their fundamentals. The same can be said about when the market goes down too quickly, stocks get way oversold. I actually envy Greg M., since if I had more money, I'd also be hoping the stock would go down to a rock bottom level so I can pick it up cheap. Two points I think are worth mentioning.

1) Someone on the Fool thread had a great message about the growth of NTAP. He said if you add the deferred revenue (balance sheet) and the regular revenue (on the income statement) together, NTAP actually had as good a quarter in terms of YoY growth than last quarter (+122% vs +128%). Let's not forget that using deferred revenue is a great tool for management to level revenues between quarters. MSFT has mastered this accounting treatment.

2) The other point we should all remember is that storage continues to grow big time and that 6 months from now, we are all going to talk about this period in market history as one of the best buying opportunities of this young decade.

Good investing to all.

Chaz (Charles)

PS DS please keep up the great posts. If it weren't for you, I'm not sure if I would have been so fortunate as to invest a very large portion of my portfolio in NTAP. Even though I'm down huge, I really am not worried long term.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News