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


To: Uncle Frank who wrote (9516)11/13/2001 5:29:11 PM
From: Sully-  Respond to of 10934
 
* 17:16 ET Network Appliance (NTAP) 18.19 +0.71: -- Update -- On call, company says DSOs worsened to 81 days, from 70 days in JulQ. Inventory turns of 14.7x was same as last qtr. Book-to-bill was greater than one...stock at 17.46.

* 17:24 ET Network Appliance (NTAP) 18.19 +0.71: -- Update -- On call, company guides lower for sales. JanQ sales and pro forma EPS expected to be flat with OctQ. JanQ sales now expected at $195 mln bs Multex consensus of $206 mln. JanQ EPS expected to be $0.02, in-line with Multex consensus...stock at 17.01.