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Technology Stocks : Network Appliance
NTAP 115.97+1.1%3:59 PM EST

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To: BirdDog who wrote (8629)7/7/2001 2:45:57 PM
From: im a survivor  Read Replies (1) of 10934
 
<<They stay quiet and the stock goes down. They come out with bad news and the stock will bounce up.>>

Well, as far as NTAP is concerned....like I said.....at some point you just reach the minimal risk stage. If you feel we will recover, and if you feel ntap will survive, then how much downside risk will there be if we end up buying it at $5 - $7 per share?

In my personal opinion, I just dont think storage is a sector that will become another .bomb- As we progress technology wise, there will always be more and more data which needs to be stored. Even if other players enter the field, I think the pie will still be pretty big with plenty to go around....even if new and better technologies pop up, I feel as though NTAP will still be a major player.

So with this in mind, I wont hesitate to buy this summer if she hits those low levels.....hopefully 10 years from now it will have been an excellent choice to have bought NTAP in the single digits.
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