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

To: kas1 who wrote (10239)	7/29/2002 11:30:08 AM
From: kas1	Respond to of 10934

from briefing.com 11:25 ET NTAP Network Appliance weak on various rumors (8.25 -1.14) As mentioned earlier, NTAP is conspicuously weak today (-12.5%) in an otherwise strong mkt; we are hearing that the weakness is being attributed to trading floor rumors speculating the co will preannounce, restate earnings, layoff workers, etc; in addition, we've heard a rumor that the co has cancelled an appearance scheduled tomorrow at the Soundview storage conference, however Soundview tells us that NTAP did not in fact cancel, but the co will not do one-on-one's because they are in their quiet period.