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Technology Stocks : Network Appliance
NTAP 103.85-4.2%Jan 16 3:59 PM EST

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To: DownSouth who wrote (305)5/13/1998 7:58:00 PM
From: Fortney Veeble  Read Replies (1) of 10934
 
NTAP stays on track. This is from Infobeat:

* Late yesterday, NETWORK APPLIANCE CORPORATION reported 4Q EPS of
$0.17 vs a loss of ($0.17) fully diluted in the prior year period,
on revenues of $50.4 mln vs $29.0 mln. Analysts' mean estimates
were $0.17, according to First Call. FY EPS were $0.58 vs $0.01
fully diluted in the prior year. (Reuters 04:26 PM ET 05/12/98)
For the full text story, see
infobeat.com

BTW, can someone explain why NTAP always seems to go down right after they report earnings that are in line with expectations?

Hey, DownSouth, is the reason you follow this company closely is that you work for them? I believe I recall that you mentioned that relevant fact in previous posts. (Don't hide, working for NTAP is OK.)

And DownSouth, the annual growth rate in eps is expected by the analysts to be more like 45% - not shabby - but not "80%+". Not to say I would not like the higher number, but it is not what Netapp is guiding the analysts to, apparently.

Anyway, another good quarter for NTAP. Hope they continue on this track.
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