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Technology Stocks : Network Appliance

NTAP 106.25

-0.1%

Nov 19 3:59 PM EST

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To: mtnlady who wrote (8819)	8/1/2001 7:10:49 PM
From: BirdDog	Read Replies (1) of 10934

. For most companies their PE's are still way too high for their estimated future growth. Not to argue...only discuss the subject. I've heard from a very good source that the Institutional buyers have given up on valuations. They know it doesn't mean anything right now. Valuations and forward estimates are a hodg podge of number hypothesis only. Also do agree with you that we'll have better buy in opportunity. Am considering trying to scalp this rally a bit. I do think there is the possibility that after earnings, ntap go up and not look back at these lows. Save possibly a 1998 type crash this oct. I'll keep the stop loss orders up to date and hope for something like that. BirdDog

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