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

To: DownSouth who wrote (3499)	6/14/2000 11:34:00 PM
From: dwayanu	Read Replies (1) \| Respond to of 10934

...the snippets I liked the implication that NTAP will be able to supply add-on capacity to existing SAN installations. That would really tick off EMC! ...In any case, NTAP is on sale, imo. Ya! $75 looks good for a long term entry point, but I'm already loaded up, so I'm looking for $70 or below for a two or three week trade - may happen, may not. - Dway

To: DownSouth who wrote (3499)	6/15/2000 8:35:00 AM
From: Tecinvestor	Read Replies (1) \| Respond to of 10934

Does anyone have any thoughts about the possibility that NTAP might be an acquisition target by a company like SUNW?

To: DownSouth who wrote (3499)	6/15/2000 3:04:00 PM
From: HDC	Read Replies (2) \| Respond to of 10934

DS, RE: Reason behind yesterday's drop. Here is Prudential's explanation for yesterday's drop: NTAP: NTAP UPDATE, BUY NTAP ON WEAKNESS o NTAP shares declined 12% yesterday on comments made by NTAP management at a conference that they would not be surprised if bookings for the FQ1 fell below revenue. o We do not view this as weakening business momentum. FQ1 is seasonally a weak quarter and the company normally plans for book-to-bill ratio of <1 in FQ1. o Our follow up with management confirms that there has been no change in guidance and management is comfortable meeting current expectations. We continue to expect revenues of $220M (up 113% Y/Y) and $250M (up 101% Y/Y) in FQ1 and FQ2, respectively. o Further, pricing environment remains benign, and NTAP experiences no material component issues. As a result, we would not rule out a possibility of an upside to our 59% GM estimate for the quarter. o Net/net, current business trends are tracking to plan, demand remains seasonally strong, and our outlook on the company has not changed. We would use the weakness as a buying opportunity. These referenced comments were probably made at the Bear Stearns conference which is being held this week. We're back up to $81+ as I type!!!! Are you still planning to attend the NTAP program in Atlanta next week? Duncan