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$12.70 -0.04 (-0.31%)
11/19/2008 10:22 AM

NetApp (NTAP)

CAPS Rating:
***

The Company is a provider of data management solutions, which simplify the complexities of storing, managing, protecting, and archiving enterprise data.

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Avatar kellybay01 (< 20) Submitted: 8/29/06 12:09 AM : Outperform Start Price: $34.07 NTAP Score: -29.10

Believe Ntap will bounce back from the sharp hit it recently took. Timeframe would be during the Nov/Dec bounce we usually see.
Also the better positioned tech stock are due for a bounce when the NasDaq makes it 4Q breakout

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Avatar extremeinvesting (83.30) Submitted: 11/01/06 2:45 AM

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Your prediction was realized before your time frame; up 10% in two months! I too, thought that NTAP, as an extreme performance investing stock, had an uncharacteristic retraction down to the mid to upper 20's in mid Jul 06. This unjustified downtrend perhaps followed the across the board downtrend in the "market". Strong leadership, market share, niche and continuing demand for enterprise data networked storage has only just begun, as Carol King said. Long term prospects of this solid company are impressive.

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