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.

Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?

To: dli who wrote (6610)	10/30/2000 10:11:07 PM
From: mtnlady	Read Replies (1) \| Respond to of 10876

NTAP has a long history of going sky high and then having deep sell offs and then rebounding right back again. Is NTAP's valuation still high? Sure. It's also growing extremely fast and considered the gorilla of fast emerging NAS sector. This is not a royalty play like the other companies in the fiber optic sector. I am very sure NTAP will rebound quickly once the market does. What is a 'fair' price for NTAP? Who knows. My guess is that it is starting to build another base here at 100. If I'm lucky it will break this mark and go into the high 80's low 90's. But I will start my buying at the low 100 mark. So far I only bought some 'trading' options which I sold out again for a quick profit. I think NTAP is nearing it's bottom but most likely is not quite there yet. It all depends on the market.