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

To: Crystal ball who wrote (8722)	7/24/2001 11:37:34 AM
From: Bretsky	Read Replies (2) \| Respond to of 10934

From reading your posts since NTAP was about 5X what it's worth now, there seems to be a correlation between your hyping and NTAP's stock price going down the toilet. Frankly I just wish it'd stabalize above 12 and head back into the 20's. And I have to ask, what in the world has "PROVEN" Storage will be the first to recover ?? I hope you are right as I have a lot of EMC and NTAP, but how can you type that with a straight face when the sector has been decimated as of late ?

To: Crystal ball who wrote (8722)	7/25/2001 8:01:38 AM
From: Boplicity	Read Replies (1) \| Respond to of 10934

07:57 ET Salomon Cuts Storage : Salomon downgrades Emulex (EMLX 22.81) and QLogic (QLGC 40.74) two notches to NEUTRAL from Buy, cuts price targets to $23 from $52 on EMLX and $42 from $70 on QLGC; downgrades JNI (JNIC 9.12) to NEUTRAL from Outperform and cuts target to $10 from $22. In all three downgrades, Salomon cites recent data that indicate the economic downturn is beginning to impact host bus adapter vendors. Also lowers estimates on INRG, BRCD, and LGTO.

To: Crystal ball who wrote (8722)	7/26/2001 10:42:48 AM
From: riposte	Read Replies (1) \| Respond to of 10934

Cisco strategist not optimistic about the short term From InfoWorld... Cisco strategist not optimistic about the short term By George A. Chidi Jr. IT IS NOT enough to make great routers -- gear has to be able to provide a revenue stream for a buyer, and fast, said Cisco Systems' strategist in a Webcast discussion about high-end routing Wednesday. The economy has taken its toll on Cisco, said Mike Volpi, Cisco's chief strategy officer. "I used to be doing a hundred things, and now I can't do that anymore," buyers of routing technology say, according to Volpi. Businesses are focusing on single ideas and single strategies, and Cisco's high-end routers will have to accommodate those needs. For the moment, the focus is profitability. "We are now experiencing the bottom of a cycle that may plateau around profitability," Volpi said, expressing little hope that things will get better quickly. "I don't think we're very optimistic in the short term. Many of our customers have very high levels of debt and are struggling to pay of that debt ... In some ways, you could say we're still suffering from the after-effects of the [stock market] bubble." Cisco will remain committed to Internet protocol products, its key competency for years. But Volpi expects many of the functions of its high-end routers to move from the center of the network to the edge, as broadband becomes available to more consumers and businesses. He acknowledged that network designers overbuilt the Internet's fiber-optic backbone during the market's hyperactive devotion to telecommunication and the Internet, leaving little immediate market for capacity-enhancing routers. The metropolitan areas closer to business and consumers remain a ripe field for San Jose, Calif.-based Cisco to harvest, said Roland Acra, Cisco's vice president and general manager for its service provider line of business. New services tied to high-end routers will drive Cisco's revenue, and the revenue of its service-provider customers, he said, citing VOIP (voice over IP) and video-on-demand as examples. "The richness of services you can offer on that network become the key to profitability." URL: www2.infoworld.com