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Technology Stocks : Network Appliance
NTAP 109.72-1.6%3:59 PM EST

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To: Uncle Frank who wrote (5689)12/27/2000 5:49:49 PM
From: HDC  Read Replies (1) of 10934
 
Uncle Frank, You either have a better quote service than me or you have x-ray vision and can read this chart with amazing precision!!<GGG> Seriously, we've had a great run. I think 2001 can be another good year. Hopefully, without the roller coaster price swing ride!

It appears that the interest rate environment will be on our side in 2001. I'm confident that NTAP can deliver on the earnings for us. NTAP is expected to break $1 Billion in revenue this fiscal year. That's a tribute to both management and their markets.

I've read 2 good reports in the last few days from Salomon Smith Barney and Bear Stearns on the status of NTAP's current quarter. According to the SSB report, Dan W. said that business has actually accelerated since EMC announced their new Chameleon NAS product. He said it was equivalent to the mid range F760 product which is about 2-1/2 year old technology. NTAP is also planning to release refreshed mid range and entry level products probably in early 2001.

Happy New Year & Thanks for your work on the G&K thread.

Best,

Duncan
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