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

To: Beltropolis Boy who wrote (991)5/18/1999 7:43:00 PM
From: Danny Chan  Respond to of 10934
 
70% growth is not bad at all. keep the expectation in check. that will justify a forward P/E of about 75.

>>
Although Network Appliance's revenue growth accelerated during each quarter of the 1999 fiscal year, it's unlikely to sustain that pace, Warmenhoven said. ''Around 70 percent is a reasonable expectation,'' for revenue growth in fiscal 2000, he said in an interview.


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