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To: MulhollandDrive who wrote (2662)	3/14/2000 1:23:00 PM
From: BI*RI	Respond to of 10934

And then he provides guidance of 100% for next year. <<KUALA LUMPUR, March 14 (Reuters) - U.S.-based Network Appliance Inc said on Tuesday it expects to post revenue of $500 million in the year to April 2000, with turnover doubling to $1 billion in the year to April 2001. ``This year, we are going to end the year at over $500 million, up about 80 percent year-on-year,' Network chief executive Dan Warmenhoven told reporters after a signing a deal in the Malaysian capital. ``Next year, I believe we stand a very good opportunity to reach $1 billion in revenue,' he after the deal with Sapura Systems Malaysia Sdn Bhd . >> To me a day is one pitch, a quarter is but 1/2 an inning....I'm staying for the whole game. Marc

To: MulhollandDrive who wrote (2662)	3/14/2000 1:29:00 PM
From: pirate_200	Respond to of 10934

> Warmenhoven made a forward looking statement. I'm > betting that he's smart enough to low ball his > estimate. He said "this year, we are going end > the year at over 500 million.." That still leaves > room for upward revisions.. I agree, but, he apparently (intentionally) said 80% for a reason. Maybe he's low-balling, maybe he was misquoted or maybe he's starting a campaign to reign in analysts. We'll see what the NetApp PR-machine does next, since I would expect to see some analysts reiterate-BUYs as a signal that all is well or the company offer more clarification in a PR release. Personally, I think the back-to-back stock splits were an extremely bullish sign from NetApp that all is great with the future they see. However, you have to take these quotes at face-value until NetApp PR or someone adds more information.