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To: wgh613 who wrote (10066)	4/24/2002 2:14:36 PM
From: Uncle Frank	Respond to of 10934

>> NTAP looks pretty weak today. Any thoughts? What's significant about today? It's looked pretty weak (and that's kindly) for the last 16 months. Seriously, until we see top line and earnings improvements, it is just drifting aimlessly. Maybe some analyst issued a negative report... uf

To: wgh613 who wrote (10066)	4/24/2002 6:00:11 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 10934

IMO, NTAP looks strong, and has since 9/01. Compare NTAP to some other charts. The good companies, the ones who investors think are going to come out of this downturn stronger, have stocks that are 50% or more, above their 9-10/01 lows. NTAP is in that catagory, and in fact has done better, since those lows, than just about any other company I follow. Contrast that to the companies that investors are deciding are the Walking Dead: companies that are sinking under a mountain of debt, companies with dysfunctional corporate cultures, companies that are not nimble enough to adjust when the technology changes, companies who put out opaque SEC filings, so you can't tell what's going on (but suspect it must be bad). So, I'm very happy with how the stock has done, since 9/01. Pretty clearly, that was THE low (not just A low, as with EMC, which set a new multi-year low today). If I didn't already have all I wanted, I'd be adding every time this volatile stock dips to its 200D moving average. The dip from 27 to 16 is just a little bit of volatility, within the longer-term uptrend. Don't sweat the small stuff.

To: wgh613 who wrote (10066)	4/24/2002 8:36:28 PM
From: pirate_200	Respond to of 10934

> NTAP looks pretty weak today. > > Any thoughts? Look at all the storage stocks and they weren't particularly exciting today (EMC, Legato, NTAP, Veritas, Auspex): ======== quote.yahoo.com ======== EMC -2.86% LGTO 0.00% NTAP -4.53% VRTS -5.82% ASPX -13.39% Auspex and Legato were having some self-induced problems long before the market started down in Spring, 2000. However, looking at all these stocks as a basket sometimes helps ease the pain when trying to diagnose strange trading days. I also watch Brocade (BRCD) which was down -1.58% and Broadcom (BRCM), down -4.09%. Broadcom is a semiconductor not storage stock but NTAP, Broadcom and Juniper (JNPR) sometimes move in synch because I believe they are seen/were seen as rising stars on the NASDAQ and seem to trade similarly, often. Note also that the trading volume for NTAP wasn't very high today either.