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: JakeStraw who wrote (8961)	8/15/2001 12:24:44 PM
From: im a survivor	Read Replies (1) \| Respond to of 10934

Well, I'd like to add more NTAP stock and/or LEAPS.....anybody care to take a stab at a low for the next few months....do we get below $10....below $7.........do we never reach $10 again??....all opinions welcome and appreciated. My AOL 03 leaps ARE GETTING CREAMED!!! I sure hope we get some kind of recovery by mid next year........

To: JakeStraw who wrote (8961)	8/15/2001 3:28:30 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 10934

re: analyst EPS estimate cuts: Cutting 2001 estimates (they must be talking about CY, not FY) is probably meaningless, as everyone has about written off the nearterm (=next 6 months). But cutting CY02 estimates will hurt the stock. Notice, the justification for the EPS cuts is entirely based on a macro call "tied to an economic recovery, which we expect to be shallow and gradual". Probably the best time to buy the stock is when the number of EPS estimate cuts by analysts is at a maximum. That is, when the volume of negative noise is loudest. My guess is, that happens sometime between now and the end of 2001. So, I have the next 4 1/2 months to establish my position.