Network Appliance Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Network Appliance

NTAP 98.34

+0.9%

9:32 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: im a survivor who wrote (9533)	11/14/2001 3:29:48 PM
From: Jacob Snyder	Read Replies (2) of 10934

Actually, I thought it was a pretty good report too. Sales stabilizing, margins staying high, the shift from a dotbomb to a enterprise customer base going well. I don't see anything in this report that changes the LT story. And I was very pleasantly surprised they kept GM up. IMO, the downtrend from last year's highs is still intact, until we go (and stay) above the 200DMA (now just below 20). And the ST uptrend is still intact, as long as we stay above the 50DMA (now above 12). Until we move out of that range (12-20), those trends are not broken, and I will do nothing. Those 2 moving averages will gradually converge, and eventually one of those two trends will win. It hasn't been decided yet. I'm not doing very well guessing how my fellow investors will react to reports, either. I thought they'd sell the QCOM report. Don't sweat the small stuff (15-20% daily moves).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next