3SOF

Profile :  

 
Network Appliance Inc.
495 East Java Drive
Sunnyvale, CA 94089
United States - Map
Phone: 408-822-6000
Fax: 408-367-3151
Web Site: http://www.netapp.com

DETAILS  
Index Membership: S&P 500
S&P 1500 Super Comp
Nasdaq 100
Sector: Technology
Industry: Data Storage Devices
Full Time Employees: 6,635


BUSINESS SUMMARY  
Network Appliance, Inc. provides data management solutions that simplify the complexities of storing, managing, protecting, and archiving enterprise data. It offers Data ONTAP operating system software to build storage infrastructure and an enterprise-wide data fabric for business applications; and Data ONTAP GX, an operating system to support integrated and multinode systems. The company also provides data management software, such as FlexVol technology that enables storage architectures with flexible volumes; FlexClone technology enables data cloning or the replication of data volumes and data sets; FlexShare, which enables consolidation of disparate applications, prioritization of specific data sets, and adjustment of priorities if business needs change; FlexCache technology that enables the creation of read-writeable replicas of volumes; and MultiStore software, which enables to create separate logical partitions in storage systems and network storage resources. Further, Network Appliance offers fabric-attached storage family of networked storage systems that provide access to enterprise data for users on various platforms; V-Series family, a network-based solution that consolidates storage arrays from suppliers behind the NetApp data management interface, enabling unified SAN and NAS file access to data stored in Fibre Channel SAN storage arrays; data protection software products; data protection platform products; data retention and archive software products; NearStore family of products for data protection and retention applications; virtual tape library; storage management and application software that includes storage, data, server, and application suite of products; and StoreVault, an ONTAP technology developed for small to medium-sized businesses. The company was founded in 1992 and is based in Sunnyvale, California.

AP
Network Appliance Shares Rise on Outlook
Thursday August 16, 10:08 am ET 
Network Appliance Posts Lower 1st-Quarter Profit but Lifts Outlook, Sending Shares Higher


SUNNYVALE, Calif. (AP) -- Shares of Network Appliance Inc. jumped Thursday after the network storage system provider posted a revenue outlook above Wall Street's expectations, raising investor confidence in a coming rebound.

 
On Wednesday after the closing bell, NetApp posted a profit of $34.3 million, or 9 cents per share, for the quarter ended July 27, down 37 percent from $54.7 million, or 14 cents per share, in the year-ago period.

Adjusted earnings totaled $76 million, or 20 cents per share, in the latest period.

Revenue rose 11 percent to $689.2 million from $621.3 million.

Analysts, on average, were expecting a profit of 19 cents per share on an adjusted basis, according to a poll by Thomson Financial.

The company was disappointed with the quarter's revenue growth, but "confident about our underlying business strength and continued health," said Dan Warmenhoven, chief executive, in a statement.

For the second quarter, NetApp forecast a profit of 16 cents to 18 cents per share, or adjusted earnings between 24 cents and 26 cents per share, on sales of $752 million to $768 million.

Analysts are expecting earnings of 24 cents per share on sales of $743.2 million.

"Our bookings growth and cash flow are both very encouraging, and we are optimistic about getting back on track for higher growth in revenue and profits going forward," he added.

JPMorgan analyst Bill Shope said the path to recovery is clearer for NetApp.

"While it may take time for the clouds to lift from the story, the company has navigated through the seasonally toughest quarter of its fiscal year, and we believe the shares are poised for a sharp recovery as we progress through the calendar year," he wrote in a note to clients.

The company also approved a $1 billion stock buyback program, which Shope said should build investor confidence.

The report and buyback prompted analysts from Caris & Co. and A.G. Edwards to upgrade their ratings on the stock to "Buy."

Shares rose $1.83, or 7.6 percent, to $25.99 in morning trading even as the broader market declined on mortgage and credit worries. In the past 52 weeks, the stock has lost more than 25 percent of its value.

Formed nice base
Digital content is driving demand for more storage. Target $40.00...JMHO of course, do your own DD !


52wk Range: 22.51 - 41.56
Volume: 6,562,345
Avg Vol (3m): 10,384,000
Market Cap: 9.45B
P/E (ttm): 33.96
EPS (ttm): 0.77

Technicals
Most Actives
Gap Up
Percentage Gainer

Last Price Quote is:
2.47%above 13-day MA
-10.76%below 50-day MA
RS Rating: 7 

Fundamentals
Key Data:
Market Cap (M): $8,521.85 
P/E Ratio: 30.58 
PEG Ratio: 1.58706 
Next Earnings: 11/14/2007
Last Analyst Rating: Underperform

Caris & Company reiterates Above Average. Target $28 to $37. Caris raises their target on NTAP to $37 from $28 to reflect positive recent checks in the US federal sector and in Europe. Although US indirect checks remain weak, firm suspect that there is an indirect-to-direct mix shift which is taking place here. Recent developments (strong storage sales at EMC Corp. (EMC), Emulex (ELX) and QLogic (QLGC) guiding well for CQ4, ELX's ESP segment rebounding) increase their conviction level, while the recent share buyback activity is an added kicker.



52wk Range: 22.51 - 41.56
Volume: 9,007,702
Avg Vol (3m): 9,686,230
Market Cap: 11.20B
P/E (ttm): 43.74
EPS (ttm): 0.72

Technicals
Most Actives

Last Price Quote is:
3.63%above 13-day MA
9.21%above 50-day MA
RS Rating: 72 

Fundamentals
Earnings Expected on Nov 14

Key Data:
Market Cap (M): $11,204.77 
P/E Ratio: 43.83 
PEG Ratio: 2.07732 
Next Earnings: 11/14/2007
Last Analyst Rating: Outperform

Reuters
Network Appliance profit tops Wall St, shares leap
Wednesday November 14, 4:55 pm ET


LOS ANGELES (Reuters) - Network Appliance Inc (NasdaqGS:NTAP - News) posted a better-than-expected quarterly profit and outlook on Wednesday despite worries about slow U.S. enterprise spending, sending its shares up 11 percent.


The data storage equipment maker said revenue growth was driven by strength in the U.S. federal sector and Europe and Asia, offsetting sluggish North American corporate spending.

"We ... felt the slowdown early, in fiscal Q1, but we actually saw a pretty good rebound around the world except for large accounts in North America, which are dominated by large financial services companies," Chief Executive Dan Warmenhoven told Reuters. "The global economy is very strong ... the weakness is concentrated in the financial services sector."

Net income was $83.8 million, or 23 cents per share, compared with $86.9 million, or 22 cents per share, in last year's third quarter. Last year's earnings per share was based on a higher number of shares outstanding.

Excluding amortization of intangibles, stock-based compensation, acquisition-related costs and other items, NetApp's quarterly profit rose to $116.4 million, or 32 cents per share, from $108.9 million, or 28 cents per share, in the year-ago period.

Revenue rose 21 percent to $792.2 million in the quarter.

Analysts, on average, expected adjusted earnings of 26 cents per share and revenue of $760.3 million, according to Reuters Estimates.

Shares of NetApp rose 10.8 percent to $29.49 in after-hours trade, after closing on Wednesday at $26.61 on Nasdaq.

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


NETWORK APPLIANCE (NasdaqGS:NTAP)   

After Hours: $29.20  +$2.59 or  (+9.73%) as of 4:57PM ET on 11/14/07

AP
Network Appliance Shares Rise on Outlook
Wednesday November 14, 4:56 pm ET 
Network Appliance Issues Fiscal 3rd-Quarter Profit Prediction Ahead of Wall Street Estimates


SUNNYVALE, Calif. (AP) -- Network Appliance Inc., which makes network-attached storage systems, on Wednesday issued a fiscal third-quarter profit ahead of Wall Street predictions.
The guidance for the three months ending in January 2008, along with strong fiscal second-quarter results, sent Network Appliance shares up $2.56, or 9.6 percent, to $29.17 in aftermarket trading, after falling 34 cents to $26.61 in the regular session.

Network Appliance said it expects to post a third-quarter profit of 23 cents or 24 cents per share, or 33 cents or 34 cents per share excluding one-time charges.

The company also projected revenue of $872 million to $883 million.

Analysts polled by Thomson Financial expect a third-quarter profit of 32 cents per share, excluding one-time charges, on $852.6 million in revenue.

Sector is coming back......
Above the 50-day MA

52wk Range: 19.00 - 39.08
Volume: 11,252,451
Avg Vol (3m): 8,024,970
Market Cap: 7.93B
P/E (ttm): 27.60
EPS (ttm): 0.84

Technicals
Most Actives

Last Price Quote is:
4.83%above 13-day MA
4.97%above 50-day MA
RS Rating: 71 

Fundamentals
Coverage Initiated: Equal-Weight

Key Data:
Market Cap (M): $7,863.26 
P/E Ratio: 27.20 
PEG Ratio: 1.33871 
Next Earnings: 05/21/2008
Last Analyst Rating: Equal-Weight

updated chart look...

Price and moving averages
Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and BULLISH in mid-long term.

Bollinger Bands
NTAP has closed below upper band by 16.5%. Bollinger Bands are 20.7% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

rating system posted a BUY today, same as yesterday. The market seems to continue bullish move. If you bought, continue to hold stock until SELL signal. You are relatively safe to buy now, upward move is expected.
--------------------------------------------------------------------------------------------------
Target
Six months: 24.47     One year: 28.58

Support
Support1: 17.15    Support2: 14.80

Resistance
Resistance1: 20.95    Resistance2: 24.47 

Pivot
19.34 

Moving Averages
MA(5): 19.54     MA(20): 18.93

MA(100): 16.40     MA(250): 17.56

MACD
MACD(12,26): 0.53     Signal(12,26,9): 0.49

Stochastic Oscillator
%K(14,3): 69.80     %D(3): 65.14

RSI
RSI(14): 60.52

52-Week
High: 26.78  Low: 10.39  Change(%): -15.4

Average Volume(K)
3-Month: 11383  10-Days 11026

--------------------------------------------------------------------------------------------------
Financials
EPS
0.260

EPS Est. Current Year
1.010

EPS Est. Next Year
1.130

EPS Est. Next Quarter
0.210

Forward EPS


Book Value (p.s.)
5.023

PEG Ratio
1.33

Profit Margin
2.45

Operating Margin
6.78

Return on Assets (ttm)
3.2

Return on Equity (ttm)
5.2

Qtrly Rev. Growth
-6.1

Gross Profit (p.s.)
6.074

Sales Per Share
10.697

EBITDA (p.s.)
1.240

Qtrly Earnings Growth
-16.40

Operating Cash Flow (M)
873.42

Levered Free Cash Flow (M)
347.61
-------------------------------------------------------------------------------------------
Valuation
P/E
77.46

P/E Growth Ratio
0.01

P/BV
4.01

P/S
1.88

P/CF
7.63

Dividend Yield
--------------------------------------------------------------------------------------
MACD indication
It's an uptrend itself.

Technicals
Last Price Quote is:
4.54%above 13-day MA
11.87%above 50-day MA
RS Rating: 50 

Fundamentals
Key Data:
Market Cap (M): $6,661.31 
P/E Ratio: 79.22 
PEG Ratio: 2.03731 
Next Earnings: 08/12/2009
Last Analyst Rating: Hold

52wk Range: 10.39 - 26.78
Volume: 8,988,414
Avg Vol (3m): 11,357,800
Market Cap: 6.66B
P/E (ttm): 77.76
EPS (ttm): 0.26
Div & Yield: N/A (N/A)

15% Growth Year-over-year And Large R And D
Spending Make NetApp (NTAP) A Dream Stock
In The Data Sector For Director Of Brigantine Advisors


On Wednesday March 31, 2010, 10:34 am EDT
67 WALL STREET, New York - March 31, 2010 - The Wall Street Transcript has just published its Data Hosting & Data Storage Report offering a timely review of the sector to serious investors and industry executives. This 32 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Cloud Computing - Managed Hosting - Colocation Data Storage - Trend To Outsource Data To Reduce Costs - Equinix Acquisition of Switch & Data - M&A Activity Forecast - Increased Demand For Data Storage - Next-Generation Technologies - Improved Virtual Security

Companies include: Amazon.com (AMZN); Neutral Tandem (TNDM); 3PAR (PAR); Akamai (AKAM); Cbeyond (CBEY); Compellent (CML); DuPont Fabros Technology, Inc. (DFT); EMC (EMC); Equinix (EQIX); Hewlett-Packard (HPQ); Imation (IMN); Internap (INAP); Iowa Telecom (IWA); Knology (KNOL); Limelight (LLNW); NetApp (NTAP); NetScout (NTCT); and many more.

In the following brief excerpt from the 32 page report, Mark Kelleher discusses the outlook for the Data Storage sector and for investors.

Mark Kelleher is a Managing Director and Senior Analyst at Brigantine Advisors. He spent 15 years on Wall Street as a sell-side analyst before joining Brigantine Advisors, where he focuses on enterprise infrastructure. His past experience includes Senior Analyst roles at such firms as Tucker Anthony, First Albany and Canaccord Adams. In 1999 Mr. Kelleher was one of the first analysts to alert investors to the coming revolution in storage that included SANs and NAS architectures. Mr. Kelleher spent seven years as a Hardware Engineer, designing ASICs for Digital Equipment Corporation. He has an MBA from Boston University, and a B.S. in computer and systems engineering from Rensselaer Polytechnic Institute.

TWST: So with customers outsourcing more, in some ways the economic slowdown has been good for these companies. What does economic improvement bring for them?

Mr. Kelleher: I think the model has now been tested. You had this downturn and people kind of reached out for this model and explored it, and I think people are getting comfortable with it. I know the government is. The government now has these very secure buildings, and there's a big push with the administration to put everything out in the cloud. You now have these examples out there of things that work. I think that has happened in the commercial side as well. You have companies like Rackspace. Rackspace doesn't do colocation, but they do do cloud computing, and people who are using that are happy with that.

At the low end of the market, Amazon.com (AMZN) has their cloud computing facility. As you get more examples out there, as the recession kind of pushed people over the chasm - you talk about jumping the chasm, but I think the recession pushed people over that chasm - now they are over it and now you're in the widespread adoption phase. If you look at Terremark, for example, they have a March fiscal year ending March 2010. And for the full year, they should be up about 17% year-over-year. That's not bad, considering the past year that we've had.

TWST: As you mentioned, cloud computing is a hot topic for the industry. What's the broader impact of this for the industry? Do you consider any particular companies to be better positioned to capitalize on the opportunities cloud computing represents?

Mr. Kelleher: There are a number of different places that are interesting to look at. One is just the simple facilities of who is providing it. I keep coming back to Terremark because I'm very impressed with their facilities and a company like Terremark is well positioned to pick up that business. Equinix doesn't do managed services, it doesn't really do the higher-level cloud computing capabilities, but Equinix has made itself the on-ramp for the Internet, with all of the connectivity that they have within their facilities. So they are all well positioned. On the product side, it's companies that are designing platforms that are specifically aimed at a virtual environment.

VMware is well positioned on the server side, and companies like NetApp (NTAP) are extremely well positioned on the storage side. And you're starting to see them increasingly show up within data centers as the platform of choice for cloud computing. You can go in other directions, too. NetScout (NTCT), for example, is a company that does network diagnostic software and hardware to figure out what's going on across the wires. If you have a virtual environment, you have a lot more bandwidth going across between different points, and it becomes more important to know which virtual machine is affecting which virtual machine and really figuring out what's causing delays on the network. That's where something like NetScout can come in. There are different elements at play within the whole architecture.

TWST: Are there any other new technologies coming down the pipe that would impact these companies in terms of significant capital investments or competitive standing?

Mr. Kelleher: On the colocation and service providers side, it's primarily the investment in the facilities that requires the top capacity. On the other side, the R And D that has to be spent to get to a cloud computing level has been invested and now you're either there or you're not. I think companies like 3PAR and Compellent (CML) are there, but companies like Hewlett-Packard (HPQ) are behind. Hewlett-Packard, with their EVA product line in storage, is falling behind, in my opinion, in the virtual storage world, and they are beginning to lose market share. They put out their numbers last week and one of the only weak spots in their entire report was their storage group. Well, their loss is NetApp's gain. NetApp is growing 15% year-over-year.

That is faster than the storage market is growing, so they're taking market share and benefiting from the fact that they've already spent a good amount on R And D to get their products to the next level. So if the economy picks up - as a lot of people, including myself, believe that we are out of the woods - the IT world is anticipating, or I think has put off, upgrades to their technology for some time, and now you're in the mode where you're going to hit a refresh cycle. And when that refresh cycle hits, those dollars are going to go towards the most advanced virtual infrastructures that are out there. I think that's where some of these companies like NetApp are positioned strongly.

The Wall Street Transcript is a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs and research analysts. This Special Issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online .

The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations.

NetApp to Drive Storage Efficiency Discussion in the Oil and Gas Industry in April

Press Release Source: NetApp, Inc. On Thursday April 1, 2010, 2:45 pm EDT

SUNNYVALE, CA--(Marketwire - 04/01/10) - NetApp (NASDAQ:NTAP - News) will join other business and technology leaders to discuss storage efficiency and data management in the oil and gas industry in April 2010.

OilandGasInvestor.com Webinar
Claude Steinmayer, senior manager of Solutions Marketing at NetApp, will join a panel of speakers for an OilandGasInvestor.com Webinar titled "Improve Efficiency and Decision-Making with a Unified 64-Bit E&P Environment." The panel, comprised of experts from Apache Corp., Hart Energy Publishing LP, Microsoft Corp., NetApp, and Schlumberger, will discuss how modern seismic applications running on 64-bit operating systems can help oil and gas companies speed decision-making and better manage the growing amount of data required to effectively run operations. The Webinar will take place on Tuesday, April 13, at 10 a.m. CT. For more information, visit https://secure.oilandgasinvestor.com/webinars/?eventid=46.

For more information about NetApp industry-standards efforts to help rapid application deployment, smooth integration into customers' existing infrastructures, and improve interoperability with other vendors' solutions by using and supporting open standards, visit www.netapp.com/us/company/leadership/industry-standards.

Discuss this news in NetApp Communities, where you can exchange thoughts and ideas on a variety of topics with our community members. Collaborate with our company, engage in conversation with NetApp leaders and employees, and participate in our passion to go further, faster. Join now at www.netapp.com/us/communities.

About NetApp
NetApp creates innovative storage and data management solutions that accelerate business breakthroughs and deliver outstanding cost efficiency. Discover NetApp's passion for helping companies around the world go further, faster at http://www.netapp.com/.

NetApp, the NetApp logo, and Go further, faster are trademarks or registered trademarks of NetApp, Inc. in the United States and/or other countries. All other brands or products are trademarks or registered trademarks of their respective holders and should be treated as such.

Contact:
Press Contact:NetApp PR HotlinePh: (408) [email protected]

Strong company in the storage area, expecting slow and steady growth...

52wk Range: 14.80 - 34.99
Volume: 12,611,618
Avg Vol (3m): 6,626,450
Market Cap: 11.81B
P/E (ttm): 34.61
EPS (ttm): 0.99

Technicals
Close Above the 13-day MA
Most Actives
Gap Up

Last Price Quote is:
4.22%above 13-day MA
6.59%above 50-day MA
RS Rating: 4  

Fundamentals
Earnings Expected on May 19

Key Data:
Market Cap (M): $11,610.92  
P/E Ratio: 36.03  
PEG Ratio: 2.02469  
Next Earnings: 05/19/2010
Last Analyst Rating: Market Perform

135% run on the 1 year chart...

updated chart look...

power chart !  :D ;D

the 1 year chart below.......

a performer...

52wk Range: 17.86 - 38.65
Volume: 3,117,434
Avg Vol (3m): 6,292,930
Market Cap: 13.27B
P/E (ttm): 38.86
EPS (ttm): 0.99
Div & Yield: N/A (N/A)

Technicals
Most Actives

Last Price Quote is:
11.74%above 13-day MA
13.57%above 50-day MA
RS Rating: 6 

Fundamentals
Key Data:
Market Cap (M): $12,986.11 
P/E Ratio: 33.54 
PEG Ratio: 1.48555 
Next Earnings: 08/18/2010
Last Analyst Rating: Mkt Perform

NetApp StorageGRID Helps Customers Transcend Their Physical Data Center Boundaries
Addition of Object Storage Extends NetApp's Leadership in Unified Storage


Press Release Source: NetApp, Inc. On Tuesday June 1, 2010, 8:00 am EDT
SUNNYVALE, CA--(Marketwire - 06/01/10) - NetApp (NASDAQ:NTAP - News) today announced the availability of NetApp® StorageGRID®, a solution designed to manage petabyte-scale globally distributed repositories of images, video, and records for enterprises and service providers.

StorageGRID, which is a result of NetApp's completed acquisition of Bycast Inc. on May 14, 2010, extends NetApp's leadership position in unified storage by adding an object storage offering. Object storage is a new and emerging approach to storing and accessing unstructured data that can simplify the task of large-scale object storage while improving the ability to quickly search and locate data objects globally.

"StorageGRID is certainly strategic for NetApp with a solid entry in object-based, scalable, policy-based storage management," said Terri McClure, senior analyst, ESG. "It is complementary to the existing NetApp storage portfolio since it sits as an application above the storage systems and virtualizes the storage environment. The massive amounts of information that users are now, or will be in coming years, struggling to manage requires a new storage paradigm. NetApp now has the strong foundational technology it needs to continue its cloud storage infrastructure push."

With more than 250 StorageGRID customers worldwide, NetApp expands its position in key markets such as healthcare, digital media, Web 2.0, and cloud services providers. NetApp StorageGRID helps deliver boundless scalability, intelligent data management, and secure content retention, as well as always-on global data availability for enterprises and service providers that need to manage petabyte-scale globally distributed repositories of data.


Boundless scalability. Customers can implement a new data management approach to help eliminate the constraints of their traditional storage and deliver a global, holistic repository.


Intelligent data management and retention. StorageGRID provides customers with a global policy engine with built-in security that manages how data is stored, placed, protected, and retrieved.


Global always-on data availability. Customers can achieve fast, reliable data availability anytime, anywhere, and nonstop operation from single data centers to multi data center deployments with many edge sites across the globe.



"Iron Mountain is pleased to see NetApp offering a new approach to storing, accessing, and intelligently managing files and application content," said Todd Koopersmith, vice president of Corporate Development for Iron Mountain, a provider of information management services and solutions for archiving, e-discovery, compliance and data protection. "Iron Mountain and NetApp together are delivering solutions that address the specific needs of customers in the healthcare, digital media, and cloud services markets to quickly respond to their changing business requirements and achieve greater operational efficiencies."

Availability and Pricing
NetApp StorageGRID is available immediately in North America. Customer pricing is available directly from NetApp sales. For more information about NetApp StorageGRID, please visit http://www.netapp.com/us/products/management-software/storagegrid/.

About NetApp
NetApp creates innovative storage and data management solutions that accelerate business breakthroughs and deliver outstanding cost efficiency. Discover our passion for helping companies around the world go further, faster at http://www.netapp.com/.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include the anticipated benefits to be obtained from NetApp's acquisition of Bycast, including Bycast's product capabilities and compatibility and the expected timing of the completion of the acquisition. These forward-looking statements involve risks and uncertainties, and actual results could vary. Factors that could impact our ability to achieve our goals include our ability to successfully integrate Bycast's operations and products with our own; the future success of both companies' product lines; general economic and industry conditions, including expenditure trends for storage-related products; our ability to deliver new product architectures and products that meet market acceptance; our ability to design products that compete effectively from a price and performance perspective; and other important factors as described in NetApp reports and documents filed from time to time with the Securities and Exchange Commission.

NetApp, the NetApp logo, Go further, faster, and StorageGRID are trademarks or registered trademarks of NetApp, Inc. in the United States and/or other countries. All other brands or products are trademarks or registered trademarks of their respective holders and should be treated as such.

Contact:
Press Contact:Sarah TolleNetApp(408) [email protected]

Awesome technicals...



Technicals
Most Actives

Last Price Quote is:
6.18%above 13-day MA
7.22%above 50-day MA


52wk Range: 22.02 - 44.89
Volume: 6,774,866
Avg Vol (3m): 7,633,620
Market Cap: 15.18B
P/E (ttm): 31.79
EPS (ttm): 1.36

Monster Power run baby... ;)

Technicals
Record Price High
Most Actives

Last Price Quote is:
5.44%above 13-day MA
15.15%above 50-day MA
RS Rating: 3 



Below the 2 year chart...

VMware and NetApp Inc. (NasdaqGS: NTAP) announced new solutions that will help mid-size enterprises consolidate and virtualize their Windows environment to deliver enterprise-class IT as a Service.



52wk Range: 26.89 - 52.41
Volume: 6,098,304
Avg Vol (3m): 7,981,070
Market Cap: 18.45B
P/E (ttm): 38.13
EPS (ttm): 1.36
Div & Yield: N/A (N/A)

Technicals
Record Price High

Last Price Quote is:
4.07%above 13-day MA
10.76%above 50-day MA
RS Rating: 3 

NetApp Data ONTAP 8 Enabling Customers' Transition to a Shared IT Infrastructure
Customers Deploy Thousands of Systems With Data ONTAP 8 to Scale Up and Scale Out to Meet Business Requirements

Press Release Source: NetApp, Inc. On Wednesday October 20, 2010, 8:00 am EDT
SUNNYVALE, CA--(Marketwire - 10/20/10) - Today's demanding business pace, explosive data growth, and a shift in the market from aging, siloed architectures to shared IT infrastructures are causing customers to rethink their approach to IT. NetApp (NASDAQ:NTAP - News) anticipated these market shifts and architected Data ONTAP® 8 to address customers' needs to scale up and scale out as they move to flexible, efficient shared IT infrastructures that drive business impact.

Customers now think differently and use new criteria to evaluate alternatives and remain competitive. More customers are migrating to Data ONTAP 8 to build flexible, scalable, and efficient shared storage environments that address today's business challenges and the future requirements of their business. With thousands of systems deployed, Data ONTAP 8 can deliver flexible, integrated dual modes of operation and a unified, scalable platform that supports multiple workloads and drives IT consolidation.

News Facts


•Eight key purchasing criteria are setting the foundation for enabling a shared IT infrastructure that allows customers to efficiently deliver IT on demand and keep pace with changing business requirements.
•These criteria include scale-up and scale-out, a unified architecture, integrated data protection, intelligent caching, nonstop operations, secure multi-tenancy, storage efficiency, and service automation and analytics. NetApp® best-of-breed technologies are built on Data ONTAP, which currently, is the optimal platform of choice for building shared IT infrastructures.
•Data ONTAP 8 is currently the industry's only platform that delivers enterprise-class functionality with clustering technology in dual modes of operation, providing customers with the flexibility to meet their individual business requirements and enable a seamless transition to shared IT infrastructures.
•Customers migrating to Data ONTAP 8 are deploying shared storage infrastructures that address their data growth challenges and enable increased flexibility, performance, and efficiency while helping lower operational costs.
•University Hospitals Leuven, one of the largest healthcare providers in Europe, leveraged NetApp's flexible, unified architecture to streamline their IT operations, address the demands of their dramatic business growth, and simplify access to growing volumes of business and patient data across multiple platforms.

Solution Details


•Unified Architecture: NetApp introduced the industry's first unified storage architecture and continues to deliver a single, unified architecture powered by Data ONTAP 8. While competitors have attempted unified approaches, NetApp has been innovating to provide a unified storage platform that is currently unmatched in the industry and ideal for customers making the transition to a shared IT infrastructure. As more customers move to shared IT environments, the technology leadership and direction NetApp established nearly a decade ago is proving optimal for customers in meeting current and future requirements for architecting scalable, efficient, and flexible infrastructures.
•Dual Operation Modes: Data ONTAP 8 is architected to allow customers to choose the system mode that supports their changing needs and make the transition to shared IT infrastructures. Data ONTAP 8, 7-Mode combines the new 64-bit scalable architecture with the functionality, features, and unified architecture that NetApp customers have come to rely on. Data ONTAP 8 Cluster-Mode offers traditional clustered deployments a path forward and provides unique capabilities necessary to simplify data management, support nonstop operations, and make the transition to shared IT infrastructures.
•Scalability: Based on a 64-bit architecture, Data ONTAP 8 offers increased performance, integrated dual modes, and advanced processing capabilities for multicore, next-generation hardware environments to help customers deliver predictable performance levels and adapt to the evolving needs of the business. Using multimode clusters of up to 24 nodes, customers can scale out as well as scale up seamlessly from low-end to high-end systems.
•Efficiency: With Data ONTAP 8, customers can optimize the utilization of infrastructure assets and improve storage efficiency with NetApp's unique portfolio of storage efficiency technologies such as thin provisioning and deduplication.
•Flexibility: Data ONTAP 8 supports all workloads whether file or block, enabling customers to manage their explosive data growth and move to shared IT infrastructures. Support for multiple protocols on the same platform allows customers greater flexibility to mix and match protocols as necessary to suit changing environments. In addition, the ability to provide traditional 2-node HA pair deployment or multinodes of up to 24-node clusters offers customers multiple solution options, regardless of their needs within the shared IT infrastructure domain.

Supporting Quotes


•Ed Chow, Vice President of Product Management, Storage Systems Product Group at NetApp
"Customers are facing unprecedented challenges and thinking differently about how the IT infrastructure investments they make can accelerate their business today and tomorrow. NetApp architected Data ONTAP 8 to address this shift in the market and help our customers evolve to flexible and efficient environments that address changing business requirements. Our success in achieving strong adoption is a testament to the powerful innovation Data ONTAP 8 provides as a platform of choice for shared IT infrastructure."


•Reinoud Reynders, IT Infrastructure Director at University Hospitals Leuven in Belgium
"NetApp has been instrumental in helping University Hospitals Leuven achieve operational efficiencies and manage substantial data growth rates of 50% year over year. Data ONTAP 8 came at the right time for us and allows us to move volumes of data nondisruptively to support data-intensive healthcare applications. NetApp's unified architecture provides the performance we need to support multiple transactional workloads, scalability to support large data formats, and flexibility to adapt rapidly to our changing business needs."

NetApp Virtual Event: "Make the Leap to a Shared Infrastructure"
NetApp will host a virtual event on November 9 at 10:00 a.m. PT on how NetApp's technologies, products, and solutions can make IT ready for the future. Hear NetApp executives Tom Georgens, Manish Goel, and Brendon Howe; ESG analyst Mark Peters; and NetApp customers discuss how a shared IT infrastructure built on NetApp can enable IT to deliver unparalleled efficiency and flexibility to an organization. To register, visit www.netapp.com/us/forms/future-ready-reg.html.

Additional Resources


•Learn more about Data ONTAP 8 at www.netapp.com/us/products/platform-os/data-ontap-8/
•Watch University Hospitals Leuven discuss how they are achieving greater flexibility and efficiency with NetApp unified storage: http://www.youtube.com/watch?v=derRmPSm_GA
•Read more about today's Data ONTAP announcement on Val Bercovici's blog at http://blogs.netapp.com/exposed/
•Read about NetApp's new storage-buying criteria for shared IT infrastructure: http://media.netapp.com/documents/rfp-exec-summary.pdf
•Follow NetApp on Twitter: www.twitter.com/NetApp
•Join NetApp on Facebook: www.facebook.com/NetApp
•View NetApp videos on YouTube: www.youtube.com/NetAppTV
•Connect with NetApp on LinkedIn: www.linkedin.com/groups?about=&gid=111681
•Discuss this news in the NetApp Community, where you can exchange thoughts and ideas on a variety of topics with our community members; join now at www.netapp.com/us/communities

About NetApp
NetApp creates innovative storage and data management solutions that accelerate business breakthroughs and deliver outstanding cost efficiency. Discover NetApp's passion for helping companies around the world go further, faster at www.netapp.com.

NetApp, the NetApp logo, Go further, faster, and Data ONTAP are trademarks or registered trademarks of NetApp, Inc. in the United States and/or other countries. All other brands or products are trademarks or registered trademarks of their respective holders and should be treated as such.

Contact:
Press Contact:Jessica JohannesNetApp(408) [email protected]

NetApp Ranked #1 Hardware Vendor and #2 Overall IT Vendor in Annual CIO Insight Vendor Value Ratings
NetApp Tops List for Meeting SLAs; Also Leader in Hardware Value and Reliability

Press Release Source: NetApp, Inc. On Wednesday October 20, 2010, 8:00 am EDT
SUNNYVALE, CA--(Marketwire - 10/20/10) - CIOs today more than ever face the challenge of making sure that their IT decisions align with their organization's overall strategy. They understand that their IT infrastructure must be able to respond at the speed of business and that conducting business as usual is no longer an option. More and more CIOs are looking to make the transition to a more flexible and efficient infrastructure to better compete not only today but in the future. As a result, selecting the right IT vendors to partner with becomes paramount to success.

As a testament to its position as a trusted and strategic IT vendor, NetApp (NASDAQ:NTAP - News) today announced that it is ranked as the #1 hardware vendor and #2 (tied with Cisco) overall IT vendor in the 2010 CIO Insight Vendor Value Ratings survey. The annual survey, conducted by Ziff Davis Enterprise Research, sought feedback from a wide range of IT decision makers across the United States and asked them to rate the vendors they work with in several different categories.

News Facts


•For all IT vendors, NetApp ranked #1 in meeting the service level or responsiveness needs of its customers; it ranked #2 in delivering the required service and support levels to customers.
•Within the hardware category, NetApp ranked #1 in delivering value and reliability to customers; it tied for #1 in customer loyalty, with 92% of customers surveyed stating that they prefer to stay with NetApp.
•Additionally, NetApp ranked in the top 10 in several other categories pertaining to all IT vendors, including meeting expectations for increasing revenue, solving the business problem it is paid to solve, meeting commitments on time and on budget, and meeting quality expectations.
•The survey, which took place in July and August 2010, asked questions of 684 IT decision makers at U.S.-based enterprise companies. Of the respondents, 258 were from companies with at least 50 but fewer than 500 employees, 218 had at least 500 but fewer than 5,000 employees, and 208 had 5,000 employees or more.

Supporting Quote


•Christine Heckart, chief marketing officer, NetApp
"NetApp is committed to providing customers with a level of product innovation, service, and support that is unmatched. Ranking so high in this year's CIO Insight Vendor Value Ratings is a tremendous honor and further supports our notion that not only is storage foundational to business success, but that businesses built on NetApp go further, faster."

Additional Resources


•Read more about the CIO Insight Vendor Value Ratings: www.cioinsight.com/c/a/Research/2010-Vendor-Value-Ratings-273058/
•Follow NetApp on Twitter: www.twitter.com/NetApp
•Join NetApp on Facebook: www.facebook.com/NetApp
•View NetApp videos on YouTube: www.youtube.com/NetAppTV
•Connect with NetApp on LinkedIn: www.linkedin.com/groups?about=&gid=111681

About NetApp
NetApp creates innovative storage and data management solutions that deliver outstanding cost efficiency and accelerate business breakthroughs. Discover our passion for helping companies around the world go further, faster at www.netapp.com.

NetApp, the NetApp logo, and Go further, faster are trademarks or registered trademarks of NetApp, Inc. in the United States and/or other countries.

Contact:
Press Contact:NetApp PR HotlinePh: (408) 822-3287

Power chart.... ;) ;D 8)

Profitable Company Hitting New Highs...

NetApp, Inc. (NTAP): Data Storage Devices Industry. Market cap of $19.14B. Sales have grown by 19.73% over the past 5 years, with EPS growing by 13.82% during the same time. EPS projected to grow by 16.9% over the next 5 years. Short float at 6.13%, which implies a short ratio of 2.77 days. The stock has gained 94.2% over the last year.

The market seems willing to push this quality stock higher. Do you think most of the good news is already priced in?


Day's Range: 54.86 - 56.00
52wk Range: 28.84 - 56.00
Volume: 4,132,833
Avg Vol (3m): 7,699,610
Market Cap: 19.99B
P/E (ttm): 41.31
EPS (ttm): 1.36
Div & Yield: N/A (N/A)

Technicals
Record Price High

Last Price Quote is:
4.66%above 13-day MA
12.97%above 50-day MA
RS Rating: 3 

Below the 6 month chart...

America's Next Top Growth Stock...

Growth stocks are the beauties of the stock world, plain and simple. They're exciting, they have good stories, and they can make you a lot of money.

But for all their beauty, growth stocks are also the prima donnas of the market. They can be erratic, they don't always live up to their billing, and they tend to attract a shareholder base that's ready and willing to run at the first signs of slowdown. For those reasons, caution is certainly in order when you enter the world of growth investing.

While the trailing growth for NetApp has been good, analysts see even better times ahead -- current estimates show the company growing at an annual rate of 24%.

Confirmed lift off to new highs... ;)

Day's Range: 56.57 - 57.78
52wk Range: 28.92 - 57.96
Volume: 5,877,376
Avg Vol (3m): 5,966,700
Market Cap: 20.74B
P/E (ttm): 38.36
EPS (ttm): 1.50
Div & Yield: N/A (N/A)

Technicals
Last Price Quote is:
4.33%above 13-day EMA
8.02%above 50-day EMA
RS Rating: 3 
   

Network Appliances Inc. (NasdaqGS: NTAP)
reported second quarter fiscal 2011 adjusted earnings per share (EPS) of 45 cents, exceeding the Zacks Consensus Estimate of 39 cents. Adjusted EPS excludes amortization of intangible assets, acquisition related expenses, non-cash interest expense as well as investments and tax gains, but includes stock-based compensation expenses.

During the quarter, NetApp launched new solutions, enhanced customer satisfaction by providing advanced IT infrastructure and extended its partnership program with VMware Inc. (NYSE: VMW - News) and Fujitsu. This led to a significant revenue growth during the quarter, which, along with operating leverage, resulted in promising quarterly earnings. Shares were up 1.73% after hours in response to the news.


Revenue...
NetApp reported second quarter revenues of $1.21 billion, up 32.6% from $910.0 million in the year-ago quarter. Revenues also exceeded the Zacks Consensus Estimate of $1.19 billion and were in line with the higher end of the company's guidance range. While product revenues witnessed the most significant increase, other segments also improved on a year-over-year basis.

Product revenues were $780.0 million in the quarter, up 48.6% from $525.0 million reported in the year-ago quarter and accounted for about 64.6% of total revenue. The improvement was due to successful product launches during the quarter.

Software Entitlement & Maintenance revenues in the quarter were $177.9 million, up 4.8% from $169.8 million reported in the year-ago quarter. The segment's revenues represented around 14.7% of total revenue.

Service revenues were $249.5 million in the quarter, up 16.0% from $215.1 million reported in the year-ago quarter. The segment accounted for 20.7% of total revenue.


Operating Results...
Gross margin on a GAAP basis was 66.3%, slightly down from 66.7% in the year-ago quarter. Improvements from tight cost control have been offset by lower average selling price. Operating income on a GAAP basis was $197.4 million (16.3% of total revenue), compared to $115.4 million (12.7% of total revenue) in the year-earlier quarter. Substantial increase in the company's sales, as well as tight control on operating expenses led to the increase in operating profits. Operating expenses, as a percentage of total revenue, were lower year over year.

Net income on a GAAP basis was $164.6 million, or 42 cents per share, compared with $95.7 million, or 27 cents per share in the prior-year quarter. GAAP net income in the quarter includes amortization of intangible assets, stock-based compensation expenses, restructuring charges, non-cash interest expense and tax gains.

Excluding the above-mentioned special items, net income on a non-GAAP basis, was $202.7 million, or 52 cents per share, compared  with $130.1 million, or 37 cents per share in the year-earlier quarter. However, including stock-based compensation, adjusted EPS in the quarter was 45 cents.


Balance Sheet & Cash Flow...
NetApp exited the quarter with cash, cash equivalents and investments of $4.38 billion, up from $3.92 billion in the previous quarter. Receivables were $446.6 million, an increase of $74.1 million sequentially. Inventories decreased $5.7 million from the prior quarter to $84.7 million.

Long-term deferred revenues were $866.4 million, reflecting a sequential increase of approximately $45.4 million. Long-term debt was $1.33 billion, up from $1.3 billion in the prior quarter.

Cash generated from operations in the quarter was $364.7 million, up from $267.3 million in the prior-year quarter. Capital expenditure in the quarter was $43.3 million, up from $22.8 million in the year-ago quarter.


Guidance...
NetApp expects third quarter 2011 revenues in the range of $1.24 billion to $1.29 billion, representing a 3% to 7% sequential growth and approximately 23% to 28% year-over- year growth. GAAP EPS is expected to range between 39 cents and 41 cents, while non-GAAP EPS is expected to be in the range of 48 cents to 50 cents. The company also expects shares outstanding to be approximately 408 million. NetApp commented that the third quarter forecasts are somewhat conservative, given slowing business trends from Europe.


Our Take...
The quarter's results were encouraging, with both revenues and earnings per share exceeding Zacks Consensus Estimates. We believe that the momentum will continue based on revenue growth trends, strong partnership programs and increasing IT spending.

NetApp is doing well, despite the stiff competition from technical behemoths such as International Business Machines Inc. (NYSE: IBM) and EMC Corporation (NYSE: EMC) in the data storage and management software space.

Currently, NetApp has a short-term Strong Buy recommendation...