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Technology Stocks : Network Appliance
NTAP 114.03+1.6%11:28 AM EST
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To: im a survivor who wrote (6039)2/1/2001 1:26:27 PM
From: Dave Gore   of 10934
 
A reasonable approach but until the JNPR's, RIMM's and other crazy PE stocks from 400-1300 fall, there is no way that NTAP with a forward PE of about 75 is going to drop that far, at least prior to earnings. I have been wrong before but again, the Market is self-correcting and the cheaper stocks are always scooped up first. Most stocks have also been running into earnings.

Nevertheless a wait and see attitude is fine.
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