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

To: George Schulte who wrote (30691)	2/7/2001 9:18:22 PM
From: Dealer	Respond to of 65232

Quickly I will respond with No Warning for NTAP....KG4 can answer the rest of your question. I just happened to know there was no warning. Just got through reading over on the NTAP board....you might go over they have some pretty good stuff there tonight. Subject 3105 Have a nice evening. dealie

To: George Schulte who wrote (30691)	2/7/2001 9:28:27 PM
From: Jill	Respond to of 65232

Mr. Market is manic-depressive, remember? He's your biz partner and yesterday he came in all manic and offered you way too much to buy you out, and today he's completely depressed and he's offering you way too little... I picked up some NTAP today with my little bit of $ left <g> I always get nervous at these moments, like when I bought JDSU at 39=----I mean, one never knows, but from 71 to 37 in a few weeks is a nice haircut (NTAP)

To: George Schulte who wrote (30691)	2/8/2001 9:22:53 AM
From: im a survivor	Respond to of 65232

<<Keith What did NTAP say or do to drop over 30 points I for one can not understand the mkt so I guess if it can not be understood there is no reason to participate to me it all seems un logical I beleive no one can see the forest for the trees so I will continue to hold on with large losses I bought NTAP at 56.00 thinking it was an ok price that just goes to show there is no ok prices also large position in JDSU I cant help but think this will be a go profit maker going forward has there been any warning on NTAP earnings George Schulte >> What did ntap do, you ask.....they were foolish enough to kick so much A$$ and grow to such a rich valuation, that rich valuation is now coming into question....simple as that. It has a high pe, and all high pe stocks have been taken out and beaten......don't take it personally with ntap. Nothing wrong with ntap and nothing wrong with your purchase at 56......just but it in the basket and forget you have it. Sometime in the future you will be glad you held it. When? I have no idea. Will it go lower? Maybe yes, maybe no........short term, we are in a trading range I would venture to say. NTAP specific has broken down, but could be reaching an oversold position. Charts show support at $37.00 and again at $32.......earnings are out today. No telling what the stock will do. If they blow out the numbers with good guidance, it should get a little pop, but the pop could be met with sellers looking to get out before it possibly dips again. So.....short term, it's anybodies guess.....long term, ntap is a great company and it's shareholders should eventually be rewarded. JMO. JDSU.....I wouldn't sell it jdsu no matter what. Yep she's beaten down and may get beaten some more, but she is going to be the king kong of fiber optics, and industry expected to triple or more over the next 2 or 3 years. Happy trading Keith