Tuesday, July 10, 2007

Network Appliance

Network Appliance is among the world’s largest Computer Storage and Peripherals sector businesses in the world. Network Appliance’s employees generate $297.7M in profits on $2.804B of revenue. Global output in the Computer Storage and Peripherals business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Network Appliance is determined to remain a market leader. Sectoral leadership in the Computer Storage and Peripherals segment takes dedication and consistency, but management seeks out-sized growth.

Network Appliance’s ticker symbol NTAP has recently been trading near $29.14 a share. The Network Appliance corporate headquarters in Sunnyvale CA predicts Computer Storage and Peripherals profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $10.592B ensures sufficient liquidity. With a beta of 1.64, the company is more volatile than the market as a whole. When the average equity moves higher, Network Appliance moves more aggressively.

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