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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: mtnlady who wrote (9441)	10/24/2000 10:15:43 AM
From: Uncle Frank	Read Replies (1) \| Respond to of 65232

The "arbitrage opportunity" I referred to was the overstated dip based on one modest downgrade, which I actually thought had merit. But I think the momos have targeted ntap again, and I feel it will see 148 again by the end of the week. At that point, I'll close my position. Ntap's unpredictable just following earnings, and that goes in spades for this market. I think there's a chance of a split announcement, which would drive reaction in a positive direction, provided top line growth continues to impress. But with the momentum players in control, I'll avoid holding st options over earnings. My leaps will remain in play, however. uf