VoyForums
[ Show ]
Support VoyForums
[ Shrink ]
VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

[ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, 4 ]

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Date Posted: 23:08:40 07/31/00 Mon
Author: warren
Subject: NTAP : reports on 8/14...
In reply to: Marty 's message, "Agree on the efnt, like it where it sits. Ntap bought and left can't lose.eom" on 18:38:14 07/31/00 Mon

> > > and aim 4 - 8 points lower. will bounce to a decent
> > > close, usually only -2 at worst. Had to gap down to
> > > low 60s last week. Now gapping back up.
> > >
> > > bnbn to hell.
> > >
> > > NO overnights unless ya buy a crippled big name, ie
> > > COMS, or anything with little downside risk, bnbn
> > > excluded.
> >
> > If the Naz does pull back,I'll be buying AMCC,PMCS
> > NTAP,and AMKR for long term holds.AMKR reports on the
> > 3rd or 4th,that's the only reason I can think of why
> > the stock is up.Good friend of mine has a brother who
> > works for AMKR and he thinks the stock will be over
> > $60 by the end of the year.
> > This same friend was at Semicon West a couple of
> weeks
> > back
> > in SanFrancisco and he talked to some AMKR people
> > there who
> > believe the stock could reach $80(markets willing)by
> > the
> > EOY.I'd buy AMKR now,but I'm 100% in ACCD.I made a
> big
> > mistake selling PXLW at $19 and change.
> > Good luck

Marty,my guess is that the "shorts" are having their
way with NTAP.The stock has backed off from the closing
hi on 7/20 of 112 9/16.This stock deserves close attention,
because earnings are just around the corner...it can run
at anytime now...forcing shorts to cover.BTW,did you see
this news item about Compaq?


Monday July 31 1:13 PM ET
Compaq Unveils New Storage Systems

By Nicole Volpe

NEW YORK (Reuters) - Compaq Computer Corp. (NYSE:CPQ - news), the world's No. 1 maker of personal computers, on Monday unveiled new data storage products intended to vault the company first place in the market for managing the vast amounts of data generated by electronic commerce.

Houston-based Compaq said servers -- the computers that form the backbone of the Internet -- and storage products based on Intel chips will be the high-growth areas for the company.

Compaq's second-quarter storage revenue was flat. Last year's storage sales totaled $5.1 billion.

Shares of Compaq rose 1/2 to 28-5/8. Its 52-week high was 33-3/16, its low 18-1/4.

``In the storage arena, we are targeting 15 percent revenue growth,'' Mary McDowell, Compaq's vice president and general manager of the industry standard server group, said in an interview.

The new products include the TaskSmart N-series appliance, Compaq's first server appliance geared toward the market for network-attached storage (NAS). NAS so allows for remote access to data files.

The TaskSmart N-series appliance starts at $34,710 and will be available within 30 days.

Compaq also debuted new storage area network devices that attach to computers to store data at the heart of a network. The lower cost RA4100 SAN, a group of storage devices, is priced starting at $19,800 and is available immediately.

McDowell said the goal is for Compaq to be the No. 1 provider of network attached storage within 12 months, on a units-shipped basis, displacing current market leader Network Appliance Corp. (NasdaqNM:NTAP - news)

Our goal is not to merely displace them (Network Appliance),'' she said. ``The goal is to drive the growth in this market.''
Overall storage leader EMC Corp. (NYSE:EMC - news), as well as Sun Microsystems Inc. (NasdaqNM:SUNW - news) and Hewlett-Packard Co. (NYSE:HWP - news), are making moves into the market for network-attached storage as well.

The market for NAS is expected to move from $1 billion to $6.5 billion by 2003, according to Gartner Group.

McDowell said storage could be sold as part of a package along with traditional servers, which carry out the basic operations of a Web site.

Compaq's server business exceeded goals for 20 percent revenue growth with about 40 percent revenue growth in the second quarter.

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Replies:

Post a message:
This forum requires an account to post.
[ Create Account ]
[ Login ]
[ Contact Forum Admin ]

Forum timezone: GMT-8
VF Version: 3.00b, ConfDB:
Before posting please read our privacy policy.
VoyForums(tm) is a Free Service from Voyager Info-Systems.
Copyright © 1998-2019 Voyager Info-Systems. All Rights Reserved.