To: Jill who wrote (5956 ) 1/26/2001 3:18:35 PM From: im a survivor Read Replies (1) | Respond to My concern via NTAP is simply that the market has not been very kind to stocks after earnings.......if you aint coming in with blowout numbers, it just aint good enough. Forward guidance is a key and many companies are realizing they will not meet expectations if they dont lower them now......add the fact that this is a super high pe stock and it makes it a sure term gamble......long term, I think ntap will be fine and anybody buying in the $50's will be happy with their long term return, but that doesnt mean short term, it wont be cheaper. I also am concerned about the timing.......feb could be messy......it could be messy after fed meeting......additionally, and this is a big, big point to look at.....NTAP is at a critical point right now......sure there are a few Uncle Franks out there that have like a five cent cost on the stock <ggg>, but many, many others are in between $50 - $100......remember, Ntap really took off.....lots got on board when it broke below $100.....many of those stayed on board and even bought more as the stock dropped. many more bought between $50 and $75......I guess my point is, I feel there is alot of fairly new money that entered NTAP this year. How many $200 stocks have we watched turn into $5 stocks.....too many to count. I have experienced several myself...both over exuberant .coms and quality gorilla's like sunw, intc, msft and etc, etc......Alot of the new money that came into ntap is sitting on the edge of their seat right now. It is fixing to be a supposedly very ugly time of year. those with small profits left, dismayed they didnt sell higher, could head for the hills at any sign of weakness, just to make sure they at least get away with a little profit. others are going to be weary and watch a small loss turn into a very large one......bottom line is long term no problem, but short term, ntap could go to $100 or could drop to $15....if your view is not long term, you are best to look at something else cause ntap is very, very volatile and at a critical price range. Just some thoughts....market has not treated most stocks nicely after reporting....february blues could set in and lots of mental stops currently being placed on this stock...i know of several people in ntapwithin the last year that are on the edge of their seat.......not sure what to do, but with their finger on the sell button. Some have small profits, some small losses.......all want to be prepared and are sitting with a finger on the sell button.....I tell them to sell if that is their thinking...and I hope alot of folks do sell and get scared out of their shares and we drop down lower because I for one am looking long term, and I think ntap will be fine long term. With that said, I am still not buying now because short term does mean something to me. I feel there is a better chance that ntap will be cheaper then todays price, so i will wait and hopefully buy back lower....if not, and I am wrong and ntap goes thru the roof, I congratulate all the longs that stuck it out and those that have the quionnies ( spelling ??) to be buying right now, before earnings, with a super high pe, heading in to february.........but then again, in this market, it takes quionnies to make a buck, so....
