<<Here is my first post were I mentioned 30's and where I mention that I see value in the 50's. >>
Did you not also mention you bought NTAP last week??
Me, I have been watching ntap for quite some time. It ran away from me and I did not want to chase it. As much as I loved the company, it's valuation prevented me from buying above $100. Well, I think she went to the $120 - $150 range, at which point I told myslef I would buy if she gets cut in half. At $78, I took a little taste with two attitudes.....a hopeful run back to $100 and I am happy.....a drop down to $60 and I will buy more. Well, I got more at $60, and am ready to buy more at $40 ( who know's if we get there....maybe we get there today<ggg> or this week, and maybe the naz and ntap rebound and I miss $40.....hell, maybe it drops all the way down to $15, nothing would surprise me at this point. Anyway, I guess my point is, or question is.....since you seem to be thinking like me.....you are talking overvaluation, yet you took a position after it got whacked....would you not agree that long term ntap is a stock to hold and not worry too much about. A leader in an industry that is just getting started and has a long way to go. Did you stop yourself out of your ntap yesterday or are you holding and/or adding at lower prices for the long term hold?
Thanks keith |
