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Technology Stocks : Network Appliance
NTAP 109.28-2.0%Nov 26 3:59 PM EST

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To: Fortney Veeble who wrote (312)7/6/1998 5:00:00 PM
From: DownSouth  Read Replies (1) of 10934
 
NTAP up 3 7/8 today on a volume of 400K shares. I suppose the new software release news drew some interest. Anyone hear any other news?

Their 1Q earnings are not due until mid August, as their quarter ends in late July (25th - ish). I believe that if there any positive or negative surprises anticipated, NTAP will let us know before earnings are announced.

I guess if their name was "Internet Appliance", we would see the totally irrational behavior we are seeing at INKT.

What is with the INKT run up? They don't have the products nor the market penetration of NTAP, but they are getting all this attention.
Any thoughts?
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