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Technology Stocks : Network Appliance

NTAP 103.25

-2.8%

Nov 20 3:59 PM EST

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To: mtnlady who wrote (8897)	8/9/2001 4:35:25 PM
From: Jacob Snyder	Read Replies (2) of 10934

NTAP showing relative strength, compared to EMC and the Nas, over the last few days. EMC took out its July lows today, while NTAP is still almost 50% above its July lows. If we go a couple of months without NTAP setting new lows, I'll gradually increase my buy-prices. I don't think this stock is anywhere ready for a sustainable rally, but I'm slowly gaining confidence the bottom is in range. A successful test of the July lows would increase my confidence a lot.

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