Bought NTAP

whodi · #1 08-16-2007, 11:45 AM

10,000 shares at 25.85

whodi · #2 08-16-2007, 10:24 PM

Caris & Company upgrades Above Average to Buy. Target $31 to $35. Caris upgrades NTAP to Buy from Above Average and raises their tgt to $35 from $31 following earnings. The firm says the co is through several one-time negative factors (seasonality in FQ1, front-end loading CQ2 results in CQ1, and negative effects from its low-end FAS200-FAS2000 filer transition) and the co is now feeling much more optimistic about its CH2 outlook. They also say the $1 bln stock repurchase plan only adds to the story.

Goods · #3 08-17-2007, 11:47 AM

Picked up 100 sh at $25.55. May add more later.

whodi · #4 08-17-2007, 11:50 AM

whodi · #5 08-20-2007, 12:31 AM

NTAP traded in Thursday's range on Friday.

The high on Thursday was 26.45
the low was 24.76.

Friday's high 26.38
low 25.39

Stock closed at 25.98 and formed a doji. If it can pass Friday's high, we should get a run out of it and it will definitely break out of the short-term range it is in right now.

http://finance.yahoo.com/charts#char...urce=undefined

The Little Giants · #6 08-20-2007, 02:41 PM

U definitely have some stones if you are trading this one. But, if you are thinking what I am thinking then I like the way that you are thinking. Haha. Sort of a it's been beaten down play?

What do you guys think of JNPR here?

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