SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Network Appliance
NTAP 111.54+2.4%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Hayman who wrote (856)4/15/1999 11:30:00 AM
From: H.A.M.  Read Replies (1) of 10934
 
John,

Beside the NASDAQ general sell-off, STK is warning that their earnings are well below estimates, and EMC was downgraded this morning to "Hold" from "Buy" by NationsBanc Montgomery. STK and EMC are, of course, in the same storage sector as NTAP and NTAP is down in sympathy. However, there seems to be nothing bad that is NTAP-specific. STK does not have a good track record like NTAP or EMC. This is the second time this year that STK warned; they warned in January about Q4 while NTAP and EMC did well. I expect NTAP to recover.

Regards,

Hisham

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News