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: SecularBull who wrote (7093)	3/15/2001 7:36:43 PM
From: kas1	Read Replies (1) \| Respond to of 10934

FFIV is losing money. NTAP is not even close. As recently as October 2000, FFIV was a profitable company. Forecasts were for profits to skyrocket. We never think this can happen to our favorite stocks; but often, it does. What do you mean by "not even close" ? If demand for NAS dried up, do you think NTAP would remain profitable? I'm not saying demand will dry up, but what I'm saying is you should not assume that it won't happen just because it hasn't happened. I'm glad that you are criticizing my analogy. That is productive. Cheerleading is great when the stock is going up, but dangerous in times like this. I always visualize some hapless amateur investor holding on to a falling stock just because the message boards tell them to. Back to my analogy, as a company, FFIV is comparable because it's a niche networking product, with most of the value in software, with great technology and great management. It's not comparable because nowadays it has plenty of competition, and very little in the way of clear-cut best-in-class intellectual property. As stocks, not as companies, the comparison between NTAP and FFIV is not difficult to draw.

To: SecularBull who wrote (7093)	3/15/2001 7:42:20 PM
From: kas1	Read Replies (3) \| Respond to of 10934

You waited to sell until it was time to buy. BTW, I think that NTAP is a buy at $40, $50, and $60, too. I thought it was a buy at those prices, and higher prices as well. But the market disagrees with me, and I know that there's no arguing with the market. On the way up from here, I may think it's a buy at $25 or $30. We'll see how things go. As for my bad timing, we'll see. I know that I'll sleep well tonight, however, not dreading the next wave of downgrades and 12% plummets. Can you say the same thing? I will be very happy to re-enter the stock once the climate improves. Heck, you can scalp me your shares. FWIW, my IRA is still 100% (yes, one hundred percent) NTAP, and I intend to keep it that way. I am still weighing whether I should sell the rest I have in my regular portfolio, or keep holding. What are other folks here doing? Selling? Holding on? Buying more? Head-in-the-sand? I think I avoided checking quotes during the fall from 36 to 18, and that hurt. From personal experience, I now advise against the "I'm not even going to look" strategy of loss management.