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Technology Stocks : Network Appliance
NTAP 111.55+2.4%Nov 25 3:59 PM EST
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To: Uncle Frank who wrote (5951)1/26/2001 1:56:24 PM
From: Tulvio Durand  Read Replies (2) of 10934
 
UF, no I have not decided to sell. Yes, am LTBHer. Am long NTAP for >1 yr.

But I am dismayed by market gains made by EMC at expense of competitors including NTAP and can't figure why you're not concerned.

... In the small yet fast-growing market for network attached storage, or NAS, which gives companies quick access to frequently used files, leader Network Appliance Inc.'s market share slipped to 48.6 percent in 2000 from 49 percent a year earlier.

quote.bloomberg.com

I'll admit the slippage isn't much, but is troublesome since is only niche product to EMC but central to NTAP's existence. That's why its stock got hammered, I believe.

Bambs and Chic drive me to distraction. That's why I had to come here and visit elsewhere.

Tulvio
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