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

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To: Sully- who wrote (8187)5/24/2001 5:45:49 PM
From: SecularBull  Read Replies (1) of 10934
 
My thoughts are similar. I think that we are a bit pricey after being where we have been. That's why I raised cash by selling some of my NTAP bought ~$13, and waiting for a pullback to buy back (and more of it).

I think at anything above $30, knowing what we now, NTAP will be priced at the higher end of realistic expectations. It seems to me that buying at this price is high. It will not go back to $13, but I do believe that a retracement to $20 is highly probable.

BWTFDIK? I owned it at $150 and rode it down.........

~SB~
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