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Technology Stocks : Network Appliance
NTAP 107.02+1.6%3:59 PM EST

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To: JakeStraw who wrote (10271)9/5/2002 4:06:42 PM
From: Tidbits  Read Replies (1) of 10934
 
In general, the network storage space is getting crowded by new players and big guys like Microsoft and IBM. The idea that NetApp has a good product for the future is absurd.

Looking at NetApp as having market share which it must compete to grow means that a P/E based on future potential is a mistake.

The P/E is in the 30 to 50 range which is significantly higher then Dell. At best, this is a $3 stock....

.... The analysts are saying "I can't say 'sell' so I will say 'hold'".
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