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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Stephen who wrote (23187)	11/1/2001 9:45:16 PM
From: BirdDog	Read Replies (2) \| Respond to of 52237

...the company expecting income of 75m on 1006m for 2001 ... You're a little confused. NTAP's 2001 fiscal year ended 4/01. They made that much. Not expecting that. And yes, they did almost double revenues over the previous year. This was done amid a time when the analysts were saying it was down the tubes along with the dot bombs. Of course, I'm only talking fundamentals... :) I would agree that net income didn't increase for that year. But please tell me how you throw on the brakes with a company who was growing at over 100% Y/Y. A company who was eating p/e at the rate of 4 years per day. But I'm only talking fundamentals.... :) AS far as a strict TA viewpoint. Look at a chart of NTAP. It has broken the bear market downtrend line and is on a strong uptrend. But then that is only TA.... LOL BirdDog