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Technology Stocks : Network Appliance
NTAP 115.36+2.7%12:55 PM EST
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To: SecularBull who wrote (6971)3/13/2001 3:34:10 PM
From: Jim DuBois  Read Replies (1) of 10934
 
I probably was not clear enough. I was looking at her $42, not the current $22, which I agree gives a PE of about 52. That said, a PE of 52 would still seem pretty rich if growth was really only going to be in range of 13%. I think/pray that she is wrong about growth rate. If not, this puppy will be in the single digits, which would arguably be a fair valuation (based on a P/E PEG type metric).
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