I always think the best purpose for money is for it to fill my bank accounts. Money is a tool, and the tools belong to he who uses them. (-Napoleon paraphrased).
At these temporary lowered prices, this trading range, I can see no better use for US Dollars other than a NTAP BUYBACK plan. NTAP is not EMC, the downgrade (although another late Goldman ANALyst call at that) and problems facing EMC are NOT NTAP's PROBLEMS. EMC has this problem in part, because it tried, and is trying without much success to enter NTAP's market space (NAS) Network Attached Storage, instead of EMC sticking with its SAN Storage Area Network specialty, thus also SUNW which is in the SAN business getting hurt too, only IBM is benefiting from EMC and SUNW mistake. NTAP through its NAS and doing the OSN Open Standard/Storage Network CONVERGENCE into SAN will slowly but surely capture SAN market share.....NAS and its many implementations, even the iSCSI that NTAP now supports is CHEAPER, and will be FASTER than the current faster SAN technolgy, but the CHEAPER aspect is what will drive this marketspace during the ECONOMIC RECOVERY as purchasing budgets return to corporate enterprises and improve NTAP's earnings subsequently. I expect NTAP to turn around from this unfortunate sympathy for the emc downgrade.
I am,
Truly your$,
-Crystal Ball |
