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Technology Stocks : Network Appliance -- Ignore unavailable to you. Want to Upgrade?

To: SecularBull who wrote (6715)2/21/2001 5:59:39 PM
From: im a survivor  Read Replies (1) | Respond to of 10934
 
LOF,

Plain and simple and as blunt as I can.....it matters not how good a company is in this current market. If it sports a high PE it will be taken down. No if's and's or but's about it.....

This naz bear market is not company specific. Both good and bad companies are being taken out back to the woodshed and shot. If it has a high PE, it will be taken out with the rest and shot down to more reasonable valuations.

Ntap is an awesome company. It's biggest problem is simply it is overvalued in this existing/current market.

If your in it for the long haul, i would not sell, I would buy more at lower levels if you can afford to do so...and lower levels you will see unless greeny does a surprise cut very soon.



To: SecularBull who wrote (6715)2/21/2001 10:16:12 PM
From: DownSouth  Read Replies (1) | Respond to of 10934
 
LoF, one has to decide if NTAP's more optimistic view of the next quarter is valid. They did not back down from their goal of $1.1B for FY 2001, which ends late April.

NTAP has not formally announced its BRCD-based architecture, so BRCD's warnings are not directly linked to NTAP's near term performance.


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