WHY NTAP to $129 or more: PEG one tenth (0.1)= P/E 48.22/ EPS GROWTH 498x$12.9= >$129. Brcd warned but not NTAP, and emlx but no emc. So as far as NAS storage is concerned there are no warnings, so NTAP and the NAS storage are clean and clear, the SAN storage is the only warning so far, and it goes back to the price points, in a tough market, NAS storage is the cheaper more cost effective storage solution, so NTAP should beat earnings again I would estimate. Earnings out soon enough and then, despite market figured in slow down, NTAP will exceed any downgrade or reduced expectations and prove the STORAGE GROWTH STORY. Sooner if hte Fed wakes up to try and save the rest of the variable cost economy, remember storage is more like a fixed cost, every 60-90 days content and data servers need a refill of their storage for customer and financial and content and data needs, so NTAP should do well in good times and in bad, even if the economy worsens before it recovers.
I am,
Truly your$,
-Crystal Ball |
