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Enter Symbol:
 
Network Appliance, Inc. (NTAP) [hlAlert]

Rating:
Hold NTAP
down 8.83 %

Network Appliance, Inc. (NTAP) rated Hold

Posted on: Thursday,  Nov 15, 2007  9:25 AM ET by Bear Stearns

Bear Stearns rated Hold Network Appliance, Inc. (NASDAQ: NTAP) on 11/15/2007. Previously Bear Stearns rated Sell Network Appliance, Inc. (NASDAQ: NTAP) on
08/03/2007., when the stock price was $24.56. Since then, Network Appliance, Inc. has gained 9.69% as of 11/15/2007's recent price of $26.94.
If you would have followed the previous Bear Stearns's recommendation on NTAP, you would have lost 8.83% of your investment in 104 days.

Network Appliance is a leading supplier of network attached data storage and access devices, called filers. The company pioneered the concept of the ``network appliance`` an extension of the industry trend toward specialized devices that perform a specific function in the network, similar to the development of the router for network communications. The company's recent product category is designed to achieve Internet bandwidth savings and to improve performance by moving data closer to end-users.

The Bear Stearns Companies Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., a leading global investment banking, securities trading and brokerage firm. Since 1923, we have helped corporations, institutions, governments and individuals reach their financial objectives. Clients have come to rely on the breadth of our expertise, our commitment to client service and our innovative approach to problem-solving. Talented professionals join Bear Stearns because of our unique corporate culture. Based on respect, integrity, meritocracy, innovation and a commitment to philanthropy, these guiding principles serve as blueprint for the way that we do business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/15/2007 9:25 AM Hold
None
26.94
as of 12/24/2008
1 Week up  5.91 %
1 Month up  19.80 %
3 Months up  21.60 %
1 YTD up  33.35 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/3/2007 9:25 AM Sell
None
24.56

(*) Stock Price at the time of the recommendation.
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