SI
SI
discoversearch

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 115.78+3.1%Dec 2 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SecularBull who wrote (7031)3/15/2001 11:26:17 AM
From: JRH  Read Replies (1) of 10934
 
From Prudential:

Network Appliance Inc (NTAP-$21.19)
NTAP:MANAGEMENT MEETING HIGHLIGHTS- VISIBILITY REMAINS EXTREMELY LOW

On 3/13 we lowered our rev and earnings EPS as a result of lengthened sales cycles and cont weakness in spending across multiple verticles in the US market. In
addition, we highlighted concerns of increased price pressure and potential weakness in Europe.

Yesterday, we hosted a series of meetings with NTAP, mngmt on the west coast and will visit additional accounts on 3/15 and 3/16. As expected there was no change
to the official guidance, though there is clearly increased risk to this outlook.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News