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Technology Stocks : Network Appliance

NTAP 117.39

+1.2%

2:55 PM EST

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To: SecularBull who wrote (6728)	2/22/2001 8:13:44 AM
From: JakeStraw	Read Replies (2) of 10934

Out of Wonderland: Storage struggles with reality by Ashok Kumar Managing director U.S. Bancorp Piper Jaffray Storage has been seen as a safe haven for the market by many investors of late. Companies such as Network Appliance showed resilience to the tech slowdown until late last year. Since November, however, Network Appliance has lost more than 50 percent of its value after reporting disappointing earnings. In his perspective, Kumar takes a look at the sobering story of Network Appliance and others in the network attached storage (NAS) market. The painful truth is that many companies are conservative when it comes to investment in new storage technologies and implementation costs, and spending in the sector may decrease because of it. Read Kumar's perspective at two.digital.cnet.com See related News.com articles about NAS at two.digital.cnet.com

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