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To: Wyätt Gwyön who wrote (10156)	5/15/2002 8:49:01 AM
From: JakeStraw	Respond to of 10934

>>yeah, i love these pro forma numbers! I personally do not feel it is right for a company to have the choice of using pro forma numbers basically when all they want to do is improve their stated results. I wonder if most companies would choose to use pro forma if business conditions were better? I kind of doubt it...

To: Wyätt Gwyön who wrote (10156)	5/15/2002 1:05:25 PM
From: Jacob Snyder	Read Replies (2) \| Respond to of 10934

NTAP, EMC buy/sell plan: I have decided to go long NTAP, whenever it dips below its 200DMA. I think the 2-year downtrend in this stock ended in 10/01, and we are either in a longterm uptrend, or an extended wide horizontal channel. So, I will be buying the stock on dips. On rallies (any 50% upmove off an intermediate-term bottom), I'll be selling the NTAP 2003 calls I bought last year, and also selling my EMC 2004 calls. The point of this is to move money gradually, from EMC to NTAP, and from LT calls to stock. Specifically: buy NTAP, in equal-$ increments, at 15.5 and every 0.5 on down. Sell, also in increments, at 20, 25, and 30. If you are nimble, I think you can also make money shorting, at least till the next earnings report. I wouldn't hold a short through the next earnings report, as I believe the seasonality excuse they gave in the latest CC.