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: Northern Marlin who wrote (9433)	11/5/2001 9:20:14 PM
From: Jacob Snyder	Respond to of 10934

On Tuesday, November 13, 2001, after the close of market, Network Appliance, Inc. (NASDAQ:NTAP) will announce quarterly results for the second quarter fiscal year 2002, which ended October 26, 2001. As is customary, following the press release, management will host a conference call to discuss the results at 2:00 p.m. PDT. In conjunction with the conference call, Network Appliance will also Webcast the call live over the Internet. WHO: Network Appliance, Senior Management - Dan Warmenhoven, CEO - Tom Mendoza, President - Jeff Allen, CFO and Executive VP, Finance and Operations WHAT: Second quarter fiscal year 2001 earnings announcement on November 13, 2001. Conference Call and Webcast at 2:00 p.m. PDT. AGENDA: - Welcome and introduction from Dan Warmenhoven - Financial review and outlook from Jeff Allen - Business review from Dan Warmenhoven - Question and answer session HOW TO PARTICIPATE: WEBCAST: To participate in the Webcast, visit the Investors section of the Network Appliance Web site located at www.netapp.com. Or, you may use this link as a short cut ntap.com. CONFERENCE CALL: To participate in the live conference call, the dial-in numbers are: United States 1 -800 -252 -8304 Outside the United States 1 -212 -346 -7434 The conference call replay will be available for 72 hours following completion of the call. The replay numbers are: United States 1 -800 -633 -8284 Outside the United States 1 -858 -812 -6440 Access Code: 19944445

To: Northern Marlin who wrote (9433)	11/5/2001 9:25:52 PM
From: Jacob Snyder	Respond to of 10934

You're right, on those two sites, about the 200DMA. I was reading off this chart: siliconinvestor.com Odd that they are different.

To: Northern Marlin who wrote (9433)	11/5/2001 9:43:06 PM
From: BirdDog	Read Replies (1) \| Respond to of 10934

Both of these charts seem to say to me that NTAP has had a great run and will likely stall at the 200 MA. I fail to understand why it should necessarily stall at the 200MA? BTW: I do see much support under us here. Although in this market, support and resistance doesn't seem to mean much. It's running on it's own. As far as a great run. Do I err in discounting the Sept crash? It was expected to go down then rebound in Sept. Could have sold the open of the market after the bombings at $10.92. Basically, I discount everything under that as a "good run". This is just basic big disaster type of analysis for sept. Do you think I err in that analysis? If not...Then it has basically bounced up from ~11. A 66% increase from there. Should we think that there are those getting in the market before the run up next year? Should we expect this run up? I really don't know? Most of it depends on what others think. I'm just following up with loose sell stops. Leaving them alone tonight so they'd be a little looser tomorrow. Fed day always seems to be extra volatile. I don't know if that is right either. This info of a strong earnings. Although almost nothing. Is strange to try to figure out what others are going to do. BirdDog

To: Northern Marlin who wrote (9433)	11/9/2001 2:27:34 PM
From: Jacob Snyder	Read Replies (3) \| Respond to of 10934

NTAP TA: I'll try again. Correct me if I get it wrong again, please. From mid-1997 through mid-November 2000, NTAP stayed above its 200-day simple moving average. It tested that line repeatedly, but that line held, confirming that the LT uptrend was intact. In mid-November 2000, that line failed, and it failed in a textbook fashion: first plunging through that line, then coming back to retest the line from below, then going on to lower lows. Since then, the stock has never, not even briefly, been above the 200 day simple moving average. That line is now at 20, so, if this uptrend continues, we are in for a major test soon. If we get above that line, I'd expect a rally, then a dip to retest the line from above, and a bounce right at that line, and then a LT uptrend (with, of course, a lot of ST volatility). Looking at the 50-day simple moving average, the stock spent much of May and August of 2001 above that line, and then went on to lower lows. So, getting above that line (even staying above it for a couple of weeks) has been a false signal, twice. So, you're right, a stall just below 20 has a high probability. If it happens, it would indicate the downtrend since the all-time highs is intact, and much or all of the gains since 6 could be given back. For now, I've done all the selling I want to do, I'm now up to 24% cash. If the stock hasn't moved above its 200D SMA by January, I will probably sell my 2003s on any approach to that average.