I think you're right, Sir Fiber
. . . . I remember when NTAP's PE was a "lofty" 700+. Jeez! It's now 227 and even Greg calls it "richly valued."
The consensus among those to whom I listen seems to be that NTAP's earnings announcement on 2/8 is going to be excellent. Many talk, though, of a selloff after that date. I can't understand why that is so considering so much pessimism and so many recent downgrades have now affected the stock.
Frankly, I'm expecting, cynically, if you don't mind, some upgrades in advance of the earnings announcement next week. I think the "Houses" are lost on what to make of the storage sector.
I find these days that the stocks I follow the most are somehow related to storage/networking: NTAP, EMC, BRCD, SEBL, and JNPR. All these companies have excellent room for growth. None are household names. EMC and, to a lesser degree, of course, SEBL, are tech stalwarts among us tech-"wise." <ggg>
Go NTAP, buddy. Maybe I'll snare some calls.
/john |
