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Technology Stocks : Network Appliance

NTAP 110.51

+0.4%

Dec 26 9:30 AM EST

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To: Murrey Walker who wrote (9723)	1/4/2002 11:16:23 AM
From: SecularBull	Read Replies (1) of 10934

This thing is still trading at well over 100 times earnings prior to the recession (~$0.20/share), and we're nowhere close to that level of recovery. If we were making $0.20 right now, I might consider paying 75-100 times for the potential, but 135 times? I don't think so. (Not to mention 400+ times at current levels.) Lots of people who did not learn anything in the last few years... apparently... ~SB~

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