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To: soraramoa who wrote (7391)3/31/2001 2:37:48 PM
From: Jacob Snyder  Respond to of 10934
 
Right. I freely admit I have no clue where the stock will bottom. Everything I've said so far is just guessing.

Using the fundamentals to guess where it bottoms is a very uncertain method, because most of the holders of the stock (and the posters on this thread are an excellent example of this) pay zero attention to fundamentals, or just make up numbers. This is what worried me a lot last May, and it's still true.

I think the best method is to just let the market tell me. At some point (and, at the current downward velocity, it has to be soon) the stock chart will form a horizontal band, and start bouncing repeatedly off a support level. After I see that pattern for a few months, I'll start taking a longterm holding in NTAP. Until then, I'll just watch, or maybe trade it.