Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: tekboy who wrote (4009)	8/15/2000 7:59:23 AM
From: 100cfm	Read Replies (1) \| Respond to of 10934

When a company has a great quater the analysts on the CC congratulate management. Since in my mind you are synonymous with NTAP, I feel it appropriate in saying "Great Quarter Jerry!" Keep up the good work. I can't believe that the press can spew out FUD even on a report this good. I need a new anti-FUD suit, mine has a few too many holes in it from QCOM. 100

To: tekboy who wrote (4009)	8/15/2000 8:17:31 AM
From: briank	Respond to of 10934

Announcing its results after the regular session, the California-based firm said its pro forma net income for the latest quarter rose 140 percent to $32.3 million, or 9 cents per share, versus net income of $13.5 million, or 4 cents a share a year ago. This topped analysts' expectations it would earn eight cents per share in the latest quarter. But the company also said actual net income for the quarter was $5.0 million, or one cent a share, when accounting for its acquisition of Orca Systems Inc., a developer of virtual interface architecture software, and in-process research and development charges and amortization of intangible assets of $27.3 million, or eight cents per share. Revenue, meanwhile, rose sharply to $231.2 million for the first quarter from $103.3 million in the same period a year ago, it added. Taken from Reuters 14AUG00 Seems the NTAP Bears are trying to put a negative spin on this quarter's results. I actually heard Bloomberg report that ntap came in with better than expected income but fell short in revenues. "rose sharply to $231.2 million for the first quarter from $103.3 million in the same period a year ago". Is that a revenue disappointment? Will they be taking it down today with the hopes of buying our shares cheep? They won't get mine! -briank