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More on NetApp's (NTAP) FQ1 results: Gross margin was 61.5%, down from 65% in the prior quarter...

More on NetApp's (NTAP) FQ1 results: Gross margin was 61.5%, down from 65% in the prior quarter and 64% in the year-ago quarter. NetApp's revenue and gross margin weakness will lead to concerns of EMC's VNX platform, introduced earlier this year and aimed at NetApp, hurting the company's sales and causing price pressure. NTAP -12% AH. (PR)

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Comments (1)
  • Conventional Wisdumb
    , contributor
    Comments (1802) | Send Message
     
    Is it just me or is the NASDAQ Index "hiding" the bear market in a lot of these smaller cap names - just wondering if companies like Apple, MS, Google, are masking the broader decline.

     

    NTAP is an awesome company and yet down almost 50% from its 52 week high 4 months ago - now that's a kick in the head. NFLX has cratered as well.
    17 Aug 2011, 05:17 PM Reply Like
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