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Technology Stocks : Network Appliance

NTAP 117.28

-0.2%

3:59 PM EST

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To: jmanvegas who wrote (6556)	2/12/2001 1:00:32 AM
From: BirdDog	of 10934

. NTAP's stock crashed about 75%-80% from its highs. I call that 1929 like. That's a fact. Fact: From Oct.99 till Sept. 2000 I had a 700%+ gain in ntap. It also had a published p/e of 900 at that time. Fact: From Oct.99 till Jan. 2001 I had a 150%+ gain in ntap. The only reason I didn't sell in Sept. was that I'm not a trader. I didn't know what the market was going to do. I also don't know the minds of the other investors. So I didn't think I had a guarantee that it was going to drop in value. All things considered, I'll take that "1929 like" drop that occured between Oct. 99 and Jan. 01 all the days of my investing career. If I do, I will be an extremely wealthy man. BirdDog

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