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Technology Stocks : Network Appliance

NTAP 115.66

-2.9%

Dec 12 9:30 AM EST

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To: JakeStraw who wrote (9885)	2/5/2002 10:27:32 AM
From: riposte	of 10934

Valuation JS - totally agreed. I don't know why they're valued so highly. Back when it was in the $6 range, I said I'd think about it in the $5's, which seemed more in line with the "growth" (in quotes, because I don't know if it'll be growing revenues anytime soon...) rate. Every day, I think about when it was $152; I seem to recall noticing that the P/E was around 1005 or so, and I remember thinking - You've held since $11...time to bail...and I didn't. I got out last February, still making a profit, but nothing like what it could have been. Darn. Catch you later, Steve

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