Network Appliance Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Network Appliance

NTAP 114.29

-1.3%

2:21 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Miguel Octavio who started this subject	3/13/2001 10:03:14 AM
From: mtns_and_money	Read Replies (3) of 10934

NEW YORK, March 13 (Reuters) - Prudential Securities on Tuesday said it cut earnings estimates for Network Appliance Inc. <NTAP.O>, a computer data storage maker, citing the slowdown in the technology sector. Prudential analyst Kimberly Alexy in a research report cut the 2001 earnings estimate to 38 cents a share from a previous estimate of 41 cents a share. She also lowered her 2002 earnings estimate for Network Appliance to 43 cents a share from 55 cents. Alexy also lowered her price target for the stock to $42 a share from $71. The stock is rated a strong buy. Shares of Network Appliance closed at $20-3/16 on the Nasdaq stock market on Monday, at the extreme low end of a 52-week range of $19-1/2 to $152-3/4.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next