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

To: hospitalman who wrote (3057)	4/10/2000 1:22:00 PM
From: Cirruslvr	Respond to of 10934

Ken - RE: "Nice storage summary from Salomon." For people who don't want to register there, here is the part about NTAP - "Network Appliance (NTAP, 2H, $80) Network Appliance was one of the worst hit companies in our coverage in the recent Nasdaq sell-off. We noted before the sell-off that NetApp was being valued at a higher multiple than most other companies we cover. It was our view that its valuation was a bit rich. However, we feel NetApp is one of the best positioned companies in the computer storage industry. We believe NetApp has excellent long-term growth prospects and is going to have a great quarter. Therefore, we view NetApp's current stock price as a good entry point to continue building a position. We believe NetApp's stock will continue to be volatile and investors should take advantage of it by "easing" in over time. We are estimating EPS of $0.06 for its April quarter."