SI
SI
discoversearch

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 (4573)9/25/2000 1:48:23 PM
From: DownSouth  Read Replies (4) | Respond to of 10934
 
tb, I am pretty sure that downgrade does have something to do with today's negative action. Profit takers have rights too. <g>

I am in this for the long run, so these bumps mean nothing to me, but you knew that.



To: tekboy who wrote (4573)9/25/2000 5:46:15 PM
From: kumar  Read Replies (1) | Respond to of 10934
 
huh?? this does not make sense. from Bloomberg's web site :
bloomberg.com

"...
Network Appliance Sinks

Network Appliance dropped 16.94 to 130.44 after Wit SoundView analyst Glen Ingalls cut the stock to ``buy'' from ``strong buy'' and said revenue growth was likely to slow as competition with Advanced Micro Devices heightens.

Year-over-year revenue grew 124 percent in the company's fiscal first quarter, Ingalls said, and he expects growth of 105 percent in the second quarter. Shares of the maker of computers that store and deliver files on networks have more than tripled this year.

..."