NTAP will recover beyond $152 just based on the numbers, and history, as we pull out of this 2nd Greenspan induced recession, which will be VISIBLE after the August 21st FOMC meeting, which is unfortunate because the FOMC meeting is AFTER tonight's report of NTAP's earnings, so there is some anxiety on not what might be said, but what might NOT BE SAID during the conference. Even if the economy NEVER recovered, at EPS GROWTH of 41% that about $120 looking forward 5 years, and with the prior 150% growth, which will require the economy to recover, and it always has since the Great Depression in 1929 and I do not expect a gloomy 1000 years of misery absent a nuclear war, that means $312 looking forward just 3 years. I suspect we will be in between, but will most likely reach $152 and higher even in a mediocre economic recovery. siliconinvestor.com
That is why despite what is SAID and NOT SAID tonight, the most critical earnings report is not this quarter, but the next. I know that is a wait for you, but I have more faith in the economy, NTAP and history and am a most confident buyer and holder all the way back up beyond prior highs.
I am,
Truly your$,
-Crystal Ball |
