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Technology Stocks : Network Appliance

NTAP 107.32

+3.9%

3:59 PM EST

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To: Jacob Snyder who wrote (7253)	3/22/2001 5:13:45 PM
From: chic_hearne	Read Replies (1) of 10934

Yes, I expect earnings season to be a disaster. The guidance should be even worse. By the end of April, no one will be buying this 2nd half recovery load of shit that insiders are using to give them a little longer to bail out. I do distictly remember a few times last year where VERY bad news was bought anyway. Look at the SOX today, or MSFT. So who knows what happens? The long term trend should stay intact until we have the Naz in triple digits. The real battle on the Naz will be in the 1140 area. I don't expect that to break without a big fight. These bear market rallies are just little bumps on the chart in the scheme of things.

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