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Technology Stocks : Network Appliance
NTAP 107.67+0.3%Jan 14 3:59 PM EST

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To: Tidbits who wrote (10275)9/6/2002 2:35:22 PM
From: Uncle Frank  Read Replies (2) of 10934
 
>> NTAP's gross margins have dropped from 60% down to below 44%.

Quit talking trash, Tidbits. From ntap's 10Q for the period ending 7/26/2002,

Revenues: 206,828
Cost of Revenues: 77,729
Gross Margin: 129,101
GM%: 62.42%

This compares to GM% of 56.06% for the year earlier quarter. As far as I'm concerned, that's damned good performance in a crappo market.

How about checking out the latest SEC filings before you start bashing again?

edgar-online.com

>> My crystal ball is screaming squeeze play for a company used to high gross margins...

Your crystal ball needs some Windex. It's got a lot of FUD on it.

uf
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