NetApp, Inc. (NTAP) disappointed last night with worse than expected outlook and lower revenues. NetApp pointed to softness in the govenment sector and financial sector.
In the premarket NetAPP is trading down $6.56. NetApp is in the computer storage business. Competitor EMC Corporation (EMC) is trading down in sympathy.
On any further dip, both NetApp and EMC Corportion will provide a buying opportunity. We will provide exact levels in the Real Time Feed of the ZYX Buy Change Alert as appropriate.