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.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (38473)	5/8/2002 4:43:22 PM
From: D.B. Cooper	Read Replies (3) \| Respond to of 209892

RE:<<How about NTAP, up 25% today>> NetApp sees 25-30 pct network storage industry growth May 08, 2002 2:27:00 PM ET SAN FRANCISCO, May 8 (Reuters) - The data storage networking industry could see a 25 to 30 percent increase in revenue this year as corporate technology spending stabilizes, the chief executive of Network Appliance Inc. (NTAP) said on Wednesday. CEO Dan Warmenhoven said he expected to top Wall Street's expectations that his company would have revenue around $950 million this year. "My personal goal is to make sure we get back to a billion," he told investors at a conference. Corporate spending was stabilizing after more than a year of contraction, he said. "(That) is good news." Storage sales as a whole would rise a few percent, and the lion's share would go to network-attached storage and storage area networks, the two converging types of dedicated data storage products that work with networks. "That segment could grow 25-30 percent," he said, speaking at a J.P. Morgan conference. "We are setting our targets at trying to grow at better than the industry rate." Network Appliance's products are essentially stacks of computer disks that attach to traditional computer networks, easing the load on servers by taking over the data storage role. It competes with EMC Corp. (EMC) and major server vendors, but Warmenhoven said that Network Appliance was doing well. "I don't think there is any competitor right now that has a lot of momentum," he said. REUTERS © 2002 Reuters news.moneycentral.msn.com

To: patron_anejo_por_favor who wrote (38473)	5/8/2002 10:21:14 PM
From: ild	Read Replies (2) \| Respond to of 209892

<<<Today was a good gold-buying opportunity>>> Patron, don't you think that before gold and gold stocks are moving higher all the clowns that bought in lately should be shaken off first? There is just too much bullishness about gold around. I'm betting on having another golds buying opportunity. If I were "The boys" I'd try to use this market/UD$ rally to bring gold below $300. If they succeed in doing this then gold shares will be killed. I like this scenario (may be because I've sold too much golds too early).