Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: shamsaee who wrote (6831)	3/2/2001 3:42:03 PM
From: JakeStraw	Read Replies (2) \| Respond to of 10934

>>What difference does it make if you buy ntap at 28 or 25 shamsaee, Again, I tend to agree with most of what you are saying. I would like to add though that the difference between 25 & 28 progresses as you buy more shares, so it can make a difference. I would also like to see if NTAP does go down to $25, if it forms support there or looks like it may weaken even further.

To: shamsaee who wrote (6831)	3/2/2001 11:14:03 PM
From: John Madarasz	Respond to of 10934

What difference does it make if you buy ntap at 28 or 25, in the long run it will turn out to be tiny percentage point. It makes a big difference if you can buy it at 20, where it will invariably go to fill the gap... or $15, which is the next support on the weekly stick highs... or $7.66 which is the last gap at a weekly stick high support. The horizontal lines on the chart represent the bigger gaps on the daily : stockcharts.com[l,a]waclyimy[df][pa28.50!a26!b50!a7.25!a7.66!f][vc60][iUa8,17,9!Ub14!Lc10!Lh14,3!Lf] This stock has had THREE 2-1 splits since 12/22/98. That's a lot of excess to work off for such a young buck staring down the headlights of the BEGINNING of a bear market. No doom and gloom... no crash...just reality. Compelling value is a very relative term. Best Regards, and have a great weekend. John M. BTW, I love the company, I'm still waiting to go long, but I still think the stock is overpriced. The stock still holds the lowest rating from IBD for accumulation, an E, so I doubt it's going anywhere long term until the weak retail hands fold, and the institutions jump back onboard. Network Appliance Inc receives an overall rating of D+, which is in the 49th percentile of all stocks in the Investor's Business Daily database. The overall rating is calculated using five proprietary ratings that measure each stock's Technical and Fundamental qualities and the Technical and Fundamental qualities of the industry group that it resides in, as well as a rating on the stock's current price attractiveness. Network Appliance Inc receives a Technical Rating of 34, which places it 28th out of 42 stocks in the Computer-Memory Devices group. Network Appliance Inc receives a Fundamental Rating of 98, which places it 1st out of 42 stocks in the Computer-Memory Devices group. Network Appliance Inc receives an Attractiveness Rating of 38, placing it 26th out of 42 stocks in its group. The Computer-Memory Devices group's technical rating of E ranks it in the 14th percentile of the 197 different Investor's Business Daily Industry Groups. The Computer-Memory Devices group's fundamental rating is B+, ranking it in the 87th percentile of all groups.