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To: Michael Gaudet who wrote (6163)	2/7/2001 4:24:37 PM
From: Boplicity	Read Replies (3) \| Respond to of 10934

It means that the holders that bought the bottom last April in the mid 40's and have not sold are now underwater, it also means that some of the long term holders that have held through the bounce last April and what appear to be a base building period that ended up failing, are now wondering about how low it will fall, with some of them thinking about selling now to lock in gains before earnings but with others holding through earnings hoping for NTAP to dispel the negativity surrounding the stock. It also means that there is support from other large buying periods in the past that some holders will get nervous at if NTAP fails to dispel the negativity during earnings, they will start sell when NTAP gets close to the support or sell if the support doesn't hold. In sum, NTAP now appears to be searching for a new base area lower then one it just fail, where buyers and sellers will be matched. It's obvious that the market will not support stocks with high PE's even if they come out with a good second half spin. Greg