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To: Jacob Snyder who wrote (9235)9/28/2001 12:23:19 PM
From: Crystal ball  Read Replies (1) | Respond to of 10934
 
NTAP METRICS: Any P/S under 5 is Great, 2.3 is terrific, especially in a slowdown, because SALES and then earnings will return on STRONG SALES in the initial economic recovery, this would push the Price to Sales ratio toward 1 or less, that is like having a stock whose price is less than it's book value.

That means, the company could afford to buy itself and have cash left over. Even at these Price to Revenue ratios the Company could afford the leverage to buy itself and have assets left over. That is even dividend material.

The book value (on memory) I believe is $1.76, so at $6.80 NTAP is just unbeleivebly OVERSOLD and UNDERPRICED. That's a Price to Book P/Bk of 3.8. We are talking Price to Earnings P/E close to 30, at 33 right now I beleive, it did hit 30 yesterday. Come on people, this is not your father's oldsmobile, this is a GROWTH COMPANY. That means its a buy either way you measure it.
I am,
Truly your$,
-Crystal Ball