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

To: Wyätt Gwyön who wrote (10166)	5/15/2002 4:28:28 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 10934

good job trading. Can't argue about the valuation, I've made the same argument myself. I tend to hold for a period of a few days, to a few months, trading the channel. A different game than you're playing, but it's quite possible we could both make money (or both lose money). Right now, I'd say NTAP is in a wide channel, with a floor somewhere in the vicinity of 15, and a top around the mid-20s. I had thought the 200DMA would be a floor, but apparently not. Bought (long, that is) at 15.5 and 15 today. More orders at 14.5 and 14. Plan to hold to 20+.