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Technology Stocks : Network Appliance -- Ignore unavailable to you. Want to Upgrade?


To: Winston Chen who wrote (2418)3/27/2000 9:17:00 PM
From: Jeff Bond  Respond to of 10934
 
Winston,

Navellier today (3.27.00) for the April edition of the Blue Chip Growth Newsletter added NTAP to his portfolio. Here is text blip from the newsletter:

"Network Appliance (NTAP) is an exciting new addition to the Buy List this month. As we continue to move out of the industrial age and into the information age, we face the arduous task of how to store and retrieve our vast wealth of information. Network Appliance has developed proprietary software to help tackle this problem, and in the process build a very lucrative business.

This stock has all the elements that I look for when selecting stocks for the Buy List. It has performed well on a risk-adjusted basis and has the fundamentals to justify its performance. One word of caution: Day-to-day volatility in this stock can be unsettling, so I encourage you to make this stock part of a well diversified portfolio."

As Loius does ... so the market does, eh?

Added NTAP to moderately agressive stock list, rather surprised it did not go in the agressive stock list. Recommends purchasing up to $244 pre-split ($122 post-split). I think runup to that price will occur fairly quick.

Thought you might be interested in this.

Regards, JB

P.S. Louis says no more rate hikes likely, maybe just one more (but not expected), Alan had his fun conclusion.