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To: Raymond Duray who wrote (10668)	2/22/2001 7:24:19 AM
From: Shaw	Read Replies (2) \| Respond to of 13572

Raymond great link, washingtonpost.com I have been optomisticaly operating under thinking, that the continued investment in some technology equipment, was mission critical to corp.s competitive edge. You either continue to invest, in certain key technologies that enhance your ability to operate your co., or fall behind the pack. "We're focusing technology expenditures more carefully now to make sure profits have an immediate payback," said Greg Stokloso, the company's chief financial officer. My hope was that networked storage, was a category the IT departments would continue to invest in. NTAP's conf. call supported this view so far. Apparently IT departments haven't reduced their bugets for the purchace of equipment that adds immediate value, by greatly improving co.s ability to access and manipulate their intellectual information. However, based on the input from your link, the question is has enough of the slow down been factored into NTAP's current stock price, to allow for a bounce in here.