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Technology Stocks : Network Appliance
NTAP 111.54+2.4%3:59 PM EST

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To: SecularBull who wrote (8116)5/14/2001 12:32:36 PM
From: Dr. Id  Read Replies (1) of 10934
 
50 basis points, they beat by a little, with improved visibility...

~SB~


Pretty big short term gamble, given that 50 points is already factored in (and what if they drop 50 points but give forward statements that they will lessen the easing?). Many are predicting 25 basis points, which would probably take the market down short term (but may be a good indicator long term, as it means that the economy is getting healthier). What if NTAP makes the numbers, with cloudy forward visibility? These are just as likely scenarios as the one that you paint... I'd hate to try to make a good bet on where the stock will be by Friday (May expiration). Why not buy the Junes to give yourself a little room?

Dr.Id@butdontlistentomeWTFDIK.com
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