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To: Jerry Olson who wrote (38729)4/11/2001 4:25:08 PM
From: Jerry Olson  Respond to of 50167
 
11-Apr-01
Network Appliance (NTAP) 16.56 +0.88: -- Update -- Using the middle of NTAP's revenue guidance range, Q4 revenues will be $223.6 mln, well below the consensus of $307 mln. Conference call at 5 pm ET: 888-849-8184. This is the second storage sector warning today after EMC, and will increase fears that other storage companies such as IBM and VRTS might miss, though VRTS still appears to be at less risk as software is holding up better than hardware.

i am short ibm at 97 1/2 and hled it over night...



To: Jerry Olson who wrote (38729)4/11/2001 4:29:37 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Why are these revs not going to dogs, is that what your friends were not suggesting? You don't find these kind of news <<; revenues rose 249.1% to $90.08 mln from a year-ago of $25.80 mln; see >> in pre-recession..