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Technology Stocks : Network Appliance

NTAP 109.43

-0.2%

Nov 14 3:59 PM EST

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To: DownSouth who wrote (945)	5/14/1999 5:09:00 PM
From: S. Day	Read Replies (4) of 10934

With the "buy" rating on initial coverage from Robertson Stephens it would be hard to believe that NTAP will not meet the consensus $.13 for the quarter, but you can't tell it from the price action of late--at least the volume has been below average. Some of my best performers including NTAP have been my worst performers of late--kind of hard to justify the current p/e I suppose. Look forward to when we start beating estimates by a couple of cents. DownSouth, you write "Word is that NTAP is on target or better for the year" and then "this is just my opinion". Seems like conflicting statements.

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