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		<title>(NTAP) NetApp Gains Momentum</title>
		<link>http://www.stockbloghub.com/2009/10/20/ntap-netapp-gains-momentum/18136</link>
		<comments>http://www.stockbloghub.com/2009/10/20/ntap-netapp-gains-momentum/18136#comments</comments>
		<pubDate>Tue, 20 Oct 2009 20:36:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Data Domain]]></category>
		<category><![CDATA[DDUP]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>

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		<description><![CDATA[The storage technology company, NetApp Inc.’s (NTAP) shares are up 94.2%, year-to-date, outperforming the S&#38;P 500. The company shares are currently trading at a premium to its peers. NetApp provided robust earnings and revenue guidance for its second and third fiscal quarters at the analyst meeting held on Oct 8. The company expects to post earnings of 29 to 30 cents per share and revenues of $870 – $885 million for the second quarter. The revenue increase represents a sequential growth of 5%. For the third quarter, NetApp expects to post earnings of 35 to 36 cents per share and revenues of $910 – $930 million. The revenue increase represents a sequential and year-over-year growth of 5%. For the second quarter, gross margin is expected to be 63.5%. Operating expenses ]]></description>
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