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Technology Stocks : Cobalt Networks Inc-(COBT) -- Ignore unavailable to you. Want to Upgrade?


To: Greg from Edmonton who wrote (122)5/4/2000 9:24:00 PM
From: dwayanu  Read Replies (1) | Respond to of 133
 
?! Today Thurs 5/4, COBT up 15% on 3 times average volume.

Anyone know why? All I could find was a passing mention in Merrill Lynch's 5/3/2000 Server Hardware and Appliances research note by Steve Milunovich (who has said nice things about Cobalt lately):

... On the server side, the success of Network Appliance in network-attached storage and Cobalt Networks in the service provider market has attracted competition from IBM, Hewlett-Packard, Compaq, and Dell. ...

The rest of the paper was about Palm and RIMM.

- Dway