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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: manny t who wrote (40793)	5/18/1999 4:49:00 PM
From: Jenna	Respond to of 120523

Network Appliance Announces Revenues Up 80% in Fourth Quarter and 74% for Fiscal Year (still it met estimates, perhaps it will sell off after earnings, another reason to sell after a profit, its anyone's guess but after being up 5 points I wouldn't attempt to hold it.) SANTA CLARA, Calif.--(BUSINESS WIRE)--May 18, 1999--Network Appliance, Inc. (NASDAQ: NTAP - news), a provider of enterprise data management solutions, today reported revenues of $90.8 million for the fiscal fourth quarter ended April 30, 1999, an increase of 80% compared to revenues of $50.4 million for the same period of fiscal 1998. Overall, Network Appliance revenues for fiscal year 1999 were $289.4 million, an increase of 74% over fiscal year 1998 revenues of $166.2 million.