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Technology Stocks : Network Appliance

NTAP 117.73

-1.2%

10:36 AM EST

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To: im a survivor who wrote (7960)	4/20/2001 11:19:57 AM
From: SecularBull	Read Replies (2) of 10934

I'm not a great market timer (expect for when I bought those April calls when it was at $12-$13). I would not have expected today's follow through. I see some retesting, but I cannot tell you when the peak happens. Short squeezes can be violent, and that's what I think we're seeing. I would certainly close out any short positions prior to earnings. I suspect that the outlook is going to improve. When some were saying that Dan was giving us the worst case scenario so he wouldn't have to kill us with water torture (drip, drip, drip) like EMC did, I would have to agree with that. I expect a better report than $0.03. The most critical thing is forward guidance- who knows for sure how rosy that picture might be... ~SB~

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