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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Uncle Frank who wrote (3126)6/25/1999 2:08:00 AM
From: JRH  Respond to of 54805
 
I am trying to figure out if I should extend my holding period. What are your expectations, Justin?

I view NTAP as a long term holder. Potential King/Gorilla(?) of NAS. They have a nice lead right now, and industry publications seem to indicate that they are expected to keep/grow that lead for the next few years. Will they ever get to EMC-like sizes? I don't know. Maybe when Cisco and the networkers start rolling out Terabit Ethernet, which will support those big file transfers. ;o) JMOT....

Disclaimer: I'm (wishing I was) a long-term holder of NTA

Justin

P.S. How's the weather up north been? Unreal down here! Just puuurfect!



To: Uncle Frank who wrote (3126)6/25/1999 9:54:00 AM
From: AI Master  Read Replies (1) | Respond to of 54805
 
Hi Frank.

Not for sure if this will help you on NTAP.

Analysis of the rate of change of the exponentially smoothed average price suggests the completion of an uptrend. The rate of change is topping out and starting to decline. In this market this is a bearish indication that a reversal may occur soon.

On Balance Volume has reached a six month high while equity price remains below its prior high. This evidence of demand indicates a bullish continuation in price movement to the upside.

The Price Phase Indicator is moving to the upside. This is a bullish continuation signal showing that an uptrend is in place and that prices are more likely to continue to the upside than they are to drop.

Good luck and happy trading NTAP.

Rocky