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Technology Stocks : Network Appliance

NTAP 109.69

+0.4%

9:30 AM EST

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To: JakeStraw who wrote (9201)	9/27/2001 2:59:27 PM
From: Crystal ball	Read Replies (2) of 10934

NTAP P/E hit 30 this is OVERSOLD. Past earnings used for current P/E, now up slightly still P/E of 33 insanely CHEAP. This is on EBITA earnings of $175 Million. The book is $1.76, so the current price to book is 3.75 P/Bk. A Damn hot dog stand is worth more than 3 times its book value. This end of quarter sell off, and the Japanese sell off for marked to market banking reform rules are pushing everything into US dollars, CASH ON THE SIDELINES means totally OVERSOLD. All the insiders are still buying and exercising their options. They know NTAP is rock solid. cbs.marketwatch.com I expect one hell of a fast rally, especially coupled with the PAYDAY RALLY investing end of the month mutual fund/401k NEW MONEY and the Fed rate drop 50 basis points expected next week at the FOMC Meeting. DAmn if only the new margin rules allowing for 300% margin were in effect right now instead of after Friday I would be buying big, but I expect the prices will rally and rise before I can do that. Fully vested Buyer and Holder, I am, Truly your$, -Crystal Ball

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