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To: JakeStraw who wrote (6832)3/2/2001 4:36:53 PM
From: im a survivor  Read Replies (2) | Respond to of 10934
 
I think $25 is almost a given at this point. Valuation is still way up there, charts show no support til 18ish after todays action.......my guess is if she doesnt hold $25, $18 will be next.....I know it sounds far fetched, but look around....howmany stocks are places we never thought in a million years we would see them........lastly, even at $18, NTAP may be considered overvalued in this market....pay close attention to the last phrase....in this market, and currently, this market is all that matters.

Recently ntap has held up fairly well...charts showed it was trying to form a base....todays action really did a number on those charts.....like I said, I see $25 and then $18 if $25 doesnt hold......after $18......dont even want to think about that, or believe the number I am looking at......all we can hope for now is that 2000 holds on naz....if 2000 breaks, expect ntap to break further.....as I said last week, this stock should outperform naz on the upside, but also underperform to the downside..........so, if 2000 holds, maybe ntap holds above 25....if not, look out below.

And this has nothing to do with the company....great company no doubt about it...it's all a numbers game and ntaps number is simply too high at this point........



To: JakeStraw who wrote (6832)3/2/2001 4:48:23 PM
From: tripperd2  Respond to of 10934
 
Jake, I understand what you are saying, but I have to go with 14. That is the day of the month my bank account puts some money in my brokerage account. And I am more concerned that Ntap will take off and leave me in the dust rather than the other way around. I guess it all depends on your timetable .

Trip@10sharesofNTAP/mo.now=4yrscollegein2012