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


To: JakeStraw who wrote (9412)11/2/2001 10:23:37 AM
From: Dr. Id  Read Replies (2) | Respond to of 10934
 

It's great to be optimistic, but the facts remain that first off, NTAP will probably just earn .01 for the qtr. and secondly the macro enviroment still is uncertain. This leads me to the conclusion that
NTAP is more than fully priced here.


Someone agrees with you:

7:50AM Network Appliance (NTAP) 15.72: Banc of America Sec's checks with channel and industry
sources suggest that NTAP is on track to report OctQ rev of $190-$195 mln and EPS of $0.01 (current
consensus estimates at $0.00 and $194.47 mln). However, thinks that the stock reflects a lot of the
optimism and is not compelling for purchase here.



To: JakeStraw who wrote (9412)11/2/2001 11:09:49 AM
From: SecularBull  Read Replies (1) | Respond to of 10934
 
I would tend to agree with that, but never underestimate the staying power of a classic short squeeze.

~SB~