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Technology Stocks : Network Appliance

NTAP 119.39

+1.8%

3:59 PM EST

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To: Sully- who wrote (9345)	10/22/2001 1:42:08 PM
From: Uncle Frank	Read Replies (1) of 10934

Network Appliance Says Business Back After 'Pause' SUNNYVALE, Calif. (Reuters) - Storage networking company Network Appliance (Nasdaq:NTAP - news) saw a dip in business Sept 11, but customers have come back, Chief Executive Dan Warmenhoven told reporters at the company's headquarters. ``It created a bit of a pause in people's minds,'' he said, referring to the hijacking attacks on Washington and New York. ''Our feeling is that it's resumed. I see very little difference now and in the month of June or July.'' He said: ``Customers are proceeding cautiously, but business activity is good.'' The fiscal second quarter for the Sunnyvale, California-based company ends this month. Shares in Network Appliance were up 2 percent in afternoon trade on the Nasdaq to $10.48 on Monday. dailynews.yahoo.com

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