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: Allegoria who wrote (5577)	12/6/2000 9:57:06 AM
From: straight life	Read Replies (1) \| Respond to of 10934

"How on earth did you draw this sweeping conclusion of the new EMC Chameleon product when it has been released less than 24 hours? As a long time EMC'er (and yes, holder of NTAP as well) I challenge your statement (even if it is some sort of pig English…) What facts do you have to back up your statement that the new EMC product is "not all the (??) formidable"? " (ps- what's 'pig English'?) Dow Jones Newswires Network Appliance Up 30% As EMC's News Lacks Punch Dow Jones Newswires By Donna Fuscaldo Of DOW JONES NEWSWIRES NEW YORK -- Shares of Network Appliance Inc. (NTAP) climbed 41% Tuesday on what analysts are calling a relief rally following EMC Corp.'s (EMC) rollout of its first network attached storage, or NAS, product. Network Appliance's stock had been severely punished in recent weeks amid fears that storage giant EMC would unveil a NAS product that was radically cheaper than Network Appliance's offering. The stock traded at a high of $152.75 Oct. 20 but closed Monday at $57.88. In addition to the stock market reacting to Fed Chairman Alan Greenspan and the perception that the election is moving closer to a decision, Network Appliance is up on the EMC announcement, said James Poyner, an analyst at C.E. Unterberg Towbin. EMC's announcement had been weighing on Network Appliance's stock price because investors feared EMC would come out with a product that was priced aggressively and was also accompanied by a robust software offering, he said. However, investors realized that EMC's product wasn't priced that aggressively and that the initial software offering was "relatively minimal," said Poyner. "NTAP is not going to have to go out there and rearrange its price list," noted the analyst. "They certainly have at least today a better software story to tell in the mid-range." Shares of Network Appliance ended up $23.69 at $81.56, on volume of over 20 million shares. Average daily volume is about 9 million shares. Officials at the Santa Clara, Calif., storage company weren't immediately available for comment.

To: Allegoria who wrote (5577)	12/7/2000 2:03:25 AM
From: kas1	Respond to of 10934

How on earth did you draw this sweeping conclusion of the new EMC Chameleon product when it has been released less than 24 hours? I penned my post in haste, and half-jokingly, and it's made more impact than most of the (much better thought out) stuff I post here. First it gets chosen as Cool Post (kind of like becoming famous at your worst moment), and now this indictment from you. Anyway, I made the conclusion about "not too formidable" from having read some news stories, on CNet and Yahoo and the like. I was also posting based on the price action in NTAP the day of the announcement -- I assume the market is at least slightly rational. I am no NAS expert, and was posting based on a combination of public information and gut feeling. But I suppose that I, as an NTAP fan, will, no matter how hard I try, have something of a prejudice when I read these articles, and dismiss pro-EMC statements as EMC hype, while interpreting pro-NTAP statements as pure truth. I'm only human. We all do this, and it's healthy to attempt to consciously mitigate it just a little bit, and at least be honest about what our prejudices are. So here are my prejudices: I invest in NTAP, not EMC, because I think NTAP is a better company, with more potential. In light of my thinking that NTAP is a better company, how can you be surprised that I'd think EMC products aren't as good? Bayesian updating goes only so far. Do you have any performance lab tests to offer (or direct us to) ? Not yet. And there is only so much that performance labs can measure, especially with "disruptive technology" -- all performance tests are skewed toward status-quo technologies. Some of NTAP's key advantages -- ease of use and maintenance -- are not measurable on a lab bench. (even if it is some sort of pig English…) As someone else pointed out, the term "pig English" is what you would call "pig English." However, that was the only orthographic misstep in your missive, so I shall not roast you over the grammarians' pedantic spit. Suffice it to say SI is pretty low on my list of life priorities, and I often post when I'm not mentally 100%, and am often doing five other things in five other windows. I must apologize for my writing here; it is rarely my best. I hope my posting privileges won't be revoked.