Network Appliance (NTAP)

[momentum74]

links NTAP 50.44 CC call bullish bounce play . Big earnings numbers out.NTAP did not lower guidance it was due to a Notes conversion that is hedged . From the CC call imo.
http://finance.yahoo.com/news/NetApp-Announces-Results-for-iw-477399342.html?x=0&.v=1


http://investors.netapp.com/

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_N/threadview?m=tm&bn=12910&tid=210754&mid=210754&tof=5&frt=1
View all Topics | View all Messages < Newer Topic | Older Topic >
Guide down was not really a guide down --from CC 15 minutes ago the 0.48-.50 guidance includes dilution due to the convert note and warrants that company has had outstanding for a few years. Not to get too involved in the onerous GAAP treatment, EPS guidance would have been better that current guidance (GAAP rules are tied to increase in stock price). Bottom line, better than expected (but will only be seen on a GAAP basis when/if converts and warrants are converted due to the hedges). Rating :
(1 Rating)You have rated mdhemp11


--------------------------------------------------------------------------------

View Messages

Ignore User

Report Abuse


< Previous Message | Next Message >