Re: Storage is a high growth area
tokyogai
6/4/2012 7:43:28 AM
Scott- of that bunch of potential suitors, Cisco makes the most sense. There are some features of their netwrok attached storage that would make that the best fit.
Re: Storage is a high growth area
tokyogai
5/30/2012 1:24:50 PM
They need to expand the product so they can take SAN storage and attach it to their NAS head and allow for management of mixed storage systems. This would be a big advantage for the customers that have bought from their competitors. For some reason Netapp always wants to sell the disks ( which they don't even make). Adding networks interfaces to existing disks would drive growth in their business.
Re: Storage is a high growth area
chapAnjou
5/30/2012 10:27:35 AM
@tokyogai, you mention that NetApp should take a look at its roadmap, do you have any suggestions as to what they could do to right the ship?
Re: Storage is a high growth area
chapAnjou
5/30/2012 10:25:56 AM
@ProfR, I agree with you but NetApp has to start acting sooner rather than later, otherwise they're going to find themselves losing business
Re: Weak Management?
chapAnjou
5/30/2012 10:24:11 AM
I agree with Street Smart, it seems to me like they're going to find themselves in some serious trouble in the note too distant future. Is that a safe assumption to make?
Following last week's earnings report/guidance, the NetApp fiscal 2013 (April) consensus EPS estimate has fallen to $2.10 from $2.71.
The consensus should drift a little lower in the coming days as all of the revised estimates get added into the mix. A lot of the reduced FY'13 estimates are settling in the $2.00 to $2.10 range. The current low estimate is $1.73, while the high estimate is still up there at $2.69.
At a recent price of $28.61, NetApp trades at 13.6x the FY'13 consensus. Taking into consideration the net cash, the forward P/E falls to roughly 8.5x.
Re: Storage is a high growth area
tokyogai
5/28/2012 9:19:54 AM
I don't think their positioning is very good- especially in the high end. As " big data" continues to grow in revenue EMC and Hitachi are really outpacing NetApp. They will not turn around until the low to middle end starts to show growth. I think they need to go after expenses aggressively and take a hard look at their roadmap.
Storage is a high growth area
ProfR
5/26/2012 8:19:35 AM
NetApp is well positioned in storage - a high growth area. If they step up and present a better roadmap versus EMC, they should be OK. If not, EMC will continue to eat into their sales.
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