Wednesday, November 17, 2010 6:25:21 PM
§ 1) Product Refresh-80% of the product line was updated/upgraded last week, across the high end and mid end hardware solutions. The refresh was more broad-based than in the past and was very well regarded by investors,
§ 2) Demand is strong for enterprise storage/virtualization (EMC),
§ 3) NTAP has been gaining share along with EMC (NPD data) from HPQ, IBM and ORCL,
§ 4) Short Interest is now 6% of the float and a number of shorts have added into the print. Expect to see some short covering on a weaker print limiting downside.
§ 5) The January quarter has historically been strong on the back of year-end budget spending and peers like EMC & IBM have stated that they do expect normal year-end spending-as a result cons. expectations for 5.5% Q/Q growth to sales of $1.26bn, vs. normal seasonality of up 8-12%, may be conservative. Whispers are higher at $1.3bn (most on the buyside are looking for 7% sequential sales growth in the Jan. quarter).
§ 6) Though a takeout of NTAP seems unlikely (we've heard CSCO, ORCL or IBM mentioned as suitors) given its price tag/market cap, it is nonetheless frequently brought up as a consolidation play within the space.
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_N/threadview?m=tm&bn=12910&tid=210790&mid=210790&tof=1&frt=1
Recent NTAP News
- ネットアップ、「2024年クラウドの複雑性に関するレポート」を発表、AIによる破壊か死の時代が世界規模で展開 • Business Wire • 04/24/2024 05:33:00 PM
- Le rapport 2024 de NetApp sur la complexité du cloud révèle que l'ère « AI Disrupt or Die » est en train de se jouer à l'échelle mondiale • Business Wire • 04/23/2024 09:22:00 PM
- Der Cloud Complexity Report 2024 von NetApp zeigt, dass die Disrupt-or-Die-KI-Ära weltweit anbricht • Business Wire • 04/23/2024 09:22:00 PM
- NetApp’s 2024 Cloud Complexity Report Reveals AI Disrupt or Die Era Unfolding Globally • Business Wire • 04/23/2024 12:00:00 PM
- NetApp entre en partenariat avec Google Cloud afin de maximiser la flexibilité pour le stockage des données sur le cloud • Business Wire • 04/11/2024 02:03:00 PM
- NetApp schließt Partnerschaft mit Google Cloud zur Maximierung der Flexibilität für Cloud-Datenspeicher • Business Wire • 04/11/2024 10:20:00 AM
- ネットアップ、Google Cloudと提携し、クラウドデータ・ストレージの柔軟性を最大化 • Business Wire • 04/11/2024 10:19:00 AM
- NetApp Partners with Google Cloud to Maximize Flexibility for Cloud Data Storage • Business Wire • 04/10/2024 05:00:00 PM
- ネットアップ、Google Cloudテクノロジーパートナー・オブ・ザ・イヤーのインフラストラクチャー・ストレージ部門を受賞 • Business Wire • 04/09/2024 02:04:00 PM
- NetApp gewinnt den Google Cloud Technology Partner of the Year Award for Infrastructure - Storage • Business Wire • 04/09/2024 01:58:00 PM
- NetApp remporte le prix Google Cloud Technology Partner of the Year pour la catégorie Infrastructure - Stockage • Business Wire • 04/09/2024 01:58:00 PM
- NetApp Wins Google Cloud Technology Partner of the Year Award for Infrastructure - Storage • Business Wire • 04/09/2024 12:15:00 AM
- ネットアップ、エヌビディアとの協業によりセキュアな「データとの対話」を実現 • Business Wire • 03/19/2024 03:25:00 PM
- NetApp ermöglicht Kunden in Zusammenarbeit mit NVIDIA das sichere „Sprechen mit ihren Daten“ • Business Wire • 03/19/2024 01:32:00 AM
- En collaboration avec NVIDIA, NetApp permet à ses clients de « communiquer avec leurs données » en toute sécurité. • Business Wire • 03/18/2024 10:10:00 PM
- NetApp Empowers Customers to Securely “Talk to Their Data” in Collaboration with NVIDIA • Business Wire • 03/18/2024 10:00:00 PM
- NetApp ernennt Titanin der Technologiebranche Alessandra Yockelson zur Personalleiterin • Business Wire • 03/18/2024 07:02:00 PM
- ネットアップ、テクノロジー業界の著名人アレサンドラ・ヨケルソンを最高人事責任者に任命 • Business Wire • 03/18/2024 05:41:00 PM
- NetApp nomme la spécialiste du secteur technologique Alessandra Yockelson au poste de directrice des ressources humaines • Business Wire • 03/18/2024 03:37:00 PM
- NetApp Appoints Technology Industry Titan Alessandra Yockelson as Chief Human Resources Officer • Business Wire • 03/18/2024 12:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/11/2024 08:04:49 PM
- ネットアップ、インテリジェント・データ・インフラストラクチャーでAI革新を促進 • Business Wire • 03/07/2024 05:06:00 PM
- ネットアップ、エンタープライズ・ストレージに内蔵された人工知能と高性能サイバーレジリエンス・ソリューションによりランサムウェアにリアルタイムで対処 • Business Wire • 03/06/2024 05:28:00 PM
- NetApp bekämpft Ransomware in Echtzeit mit integrierter künstlicher Intelligenz in Speicherinfrastrukturen und verbesserten Cyberresilienz-Lösungen • Business Wire • 03/06/2024 05:15:00 PM
- NetApp lutte contre les ransomwares en temps réel grâce à l'intelligence artificielle intégrée au stockage d'entreprise et à des solutions de cyber-résilience améliorées • Business Wire • 03/06/2024 03:46:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM